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These procurement programmes are spread over long lead times.
"The top 20 major procurement programmes have a cumulative delay of 483 months.
Pressure on the £31bn defence budget has been compounded by delays and cost overruns in a string of arms procurement programmes, including the expensive and controversial Eurofighter project.
He said a future government could not "continue with ad hoc decisions being made and long-term procurement programmes being effected by the need for short-term acquisition".
Spiralling government debt in America and Britain means that "wars of choice" are no longer affordable and the search is on for cuts in big procurement programmes.
For five years or so the Pentagon may be able to do most of what it wants, simply by slowing down procurement programmes.
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And the lean procurement programme has been doing just that.
There is also the prospect that the procurement programme might be managed by the Treasury.
The Trident project "is set to be the single-largest procurement programme of the next decade", says the Rusi report.
The Department for Transport's train procurement programme will miss original targets for preventing increased overcrowding, according to the Public Accounts Committee PACC).
The cost increase was seized on by Tory defence spokesman Liam Fox as raising "serious questions about the competence of the procurement programme".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com