Mar 31

Weapons programs over budget, behind schedule: audit (AFP)

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. Read the rest of this entry »

Mar 31

Nearly 7 in 10 major U.S. arms programs over budget (Reuters)

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. Read the rest of this entry »