
AFP - Many major US weapons programs are running over budget and lagging behind promised production schedules, a report by an independent US auditor said Monday.

AFP - Many major US weapons programs are running over budget and lagging behind promised production schedules, a report by an independent US auditor said Monday.

Reuters - Nearly 70 percent of the Pentagon’s 96 major weapons-buying programs were over budget in 2008 for combined cost growth of $296 billion above original estimates, congressional auditors said in an annual report released on Monday.