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<classification authority="sudocs">GA 1.13:GAO-06-368</classification>
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 <subject>Cost overruns</subject>
 <subject>Defense cost control</subject>
 <subject>Defense procurement</subject>
 <subject>Internal controls</subject>
 <subject>Military policies</subject>
 <subject>Performance measures</subject>
 <subject>Policy evaluation</subject>
 <subject>Procurement planning</subject>
 <subject>Procurement policy</subject>
 <subject>Schedule slippages</subject>
 <subject>Weapons research and development</subject>
 <subject>Weapons systems</subject>
 <subject>Investment management</subject>
 <subject>Army Future Combat Systems</subject>
 <subject>Joint Strike Fighter program</subject>
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<titleInfo>
 <title>Defense Acquisitions: Major Weapon Systems Continue to Experience Cost and Schedule Problems under DOD&apos;s Revised Policy</title>
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<abstract>The Department of Defense (DOD) is planning to invest $1.3
trillion between 2005 and 2009 in researching, developing, and	 
procuring major weapon systems. How DOD manages this investment  
has been a matter of congressional concern for years. Numerous	 
programs have been marked by cost overruns, schedule delays, and 
reduced performance. Over the past 3 decades, DOD&apos;s acquisition  
environment has undergone many changes aimed at curbing cost,	 
schedule, and other problems. In order to determine if the policy
DOD put in place is achieving its intended goals, we assessed the
outcomes of major weapons development programs initiated under	 
the revised policy. Additionally, we assessed whether the	 
policy&apos;s knowledge-based, evolutionary principles are being	 
effectively implemented, and whether effective controls and	 
specific criteria are in place and being used to make sound	 
investment decisions.</abstract>
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<identifier type="preferred citation">GAO-06-368</identifier>
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 <searchTitle>GAO-06-368; Defense Acquisitions: Major Weapon Systems Continue to Experience Cost and Schedule Problems under DOD&apos;s Revised Policy;
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<subject>
 <topic>Cost overruns</topic>
 <topic>Defense cost control</topic>
 <topic>Defense procurement</topic>
 <topic>Internal controls</topic>
 <topic>Military policies</topic>
 <topic>Performance measures</topic>
 <topic>Policy evaluation</topic>
 <topic>Procurement planning</topic>
 <topic>Procurement policy</topic>
 <topic>Schedule slippages</topic>
 <topic>Weapons research and development</topic>
 <topic>Weapons systems</topic>
 <topic>Investment management</topic>
 <topic>Army Future Combat Systems</topic>
 <topic>Joint Strike Fighter program</topic>
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