Is Weapon System Cost Growth Increasing?

Released on by Obaid Younossi
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  • Is Weapon System Cost Growth Increasing? Book Detail

  • Author : Obaid Younossi
  • Release Date : 2007
  • Publisher : Rand Corporation
  • Genre : Business & Economics
  • Pages : 142
  • ISBN 13 : 0833041355
  • File Size : 1,1 MB
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Is Weapon System Cost Growth Increasing? by Obaid Younossi PDF Summary

Book Description: In recent decades, there have been numerous attempts to rein in the cost growth of U.S. Department of Defense (DoD) acquisition programs. Cost growth is the ratio of the cost estimate reported in a program's final Selected Acquisition Report (SAR) and the cost-estimate baseline reported in a prior SAR issued at a particular milestone. Drawing on prior RAND research, new analyses of completed and ongoing weapon system programs, and data drawn from SARs, this study addresses the following questions: What is the cost growth of DoD weapon systems? What has been the trend of cost growth over the past three decades? To address the magnitude of cost growth, it examines cost growth in completed programs; to evaluate the cost growth trend over time, it provides additional analysis of a selection of ongoing programs. This sample of ongoing programs permits a look at growth trends in the more recent past. Changes in the mix of system types over time and dollar-weighted analysis were also considered because earlier studies have suggested that cost growth varies by program type and the cost of the program. The findings suggest that development cost growth over the past three decades has remained high and without any significant improvement.

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Is Weapon System Cost Growth Increasing?

Is Weapon System Cost Growth Increasing?

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In recent decades, there have been numerous attempts to rein in the cost growth of U.S. Department of Defense (DoD) acquisition programs. Cost growth is the rat

Sources of Weapon System Cost Growth

Sources of Weapon System Cost Growth

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Previous studies have shown that the Department of Defense (DoD) and the military departments have historically underestimated the cost of new weapon systems. Q