Aircraft Carrier Tech 9 Years, 332% Over Budget: Watchdog

By Bryan Koenig (July 8, 2016, 5:46 PM EDT) -- The Pentagon's internal watchdog took the U.S. Navy to task Friday for going at least nine years longer and more than 300 percent, or $571 million, over what'd originally been anticipated for a new program to stop planes as they land on aircraft carriers.

The Program Manager for Aircraft Launch and Recovery Equipment, known as PMA-251, didn't effectively manage the acquisition process for the Navy's Advanced Arresting Gear, or AAG, program, the U.S. Department of Defense's Office of Inspector General said. That program is supposed to replace the aging system currently used to safely, and nearly instantaneously, bring thousands of pounds...

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