DOD Is Managing Weapons Costs Better, Report Says

Law360, New York (March 29, 2013, 8:04 PM EDT) -- The U.S. Department of Defense is improving efficiency in its major weapons acquisitions, bringing the total cost of its ongoing contract investments to a five-year low and spending smarter on its current purchases, according to a Thursday U.S. Government Accountability Office report.

The DOD's weapon system acquisitions have been on the GAO’s list of high-risk spending areas for more than 20 years, and have been subject to many critical reports by the GAO, DOD inspector general and others. But the news isn't all bad, and the...
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