United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2003-11-10 monographic deposited born digital 37 p. GA 1.13:GAO-04-53 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-04-53 P0b002ee180380002 f:d0453 DGPO 2010-08-12 2011-03-24 GAOREPORTS-GAO-04-53 machine generated eng fdlp REPORT GAOREPORTS-GAO-04-53 GAO-04-53 Best practices Decision making Defense procurement Internal controls Procurement policy Weapons research and development Policy evaluation Reporting requirements Other Written Product A08843 The Department of Defense's (DOD) investment in new weapon systems is expected to exceed $1 trillion from fiscal years 2003 to 2009. To reduce the risk of cost and schedule overruns, DOD revamped its acquisition policy in May 2003. The policy provides detailed guidance on how weapon systems acquisitions should be managed. The Senate report accompanying the National Defense Authorization Act for Fiscal Year 2004 required GAO to determine whether DOD's policy supports knowledge-based, evolutionary acquisitions and whether the policy provides the necessary controls for DOD to ensure successful outcomes, such as meeting cost and schedule goals. The report also required GAO to assess whether the policy is responsive to certain requirements in the Bob Stump National Defense Authorization Act for Fiscal Year 2003 concerning DOD's management of the acquisition process. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-04-53/html/GAOREPORTS-GAO-04-53.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-04-53/pdf/GAOREPORTS-GAO-04-53.pdf GAO-04-53 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-04-53 Other Written Product GAO-04-53; Defense Acquisitions: DOD's Revised Policy Emphasizes Best Practices, but More Controls Are Needed; Best practices Decision making Defense procurement Internal controls Procurement policy Weapons research and development Policy evaluation Reporting requirements Title 10 Chapter 144 10 U.S.C. Chapter 144 Public Law 107-107 Public Law 107-314 S. Rept. 108-46