01 November 2008

$206 Billion Cost Growth: 5 Weapons Systems

Yep, just five weapons gave us $206 billion in cost overruns:

  • Lockheed Martin Corp.: F-35 Lightning II, $66.8 billion
  • Boeing: Future Combat Systems, $69.7 billion
  • Lockheed and Boeing's: Evolved Expendable Launch Vehicle, $18.5 billion
  • General Dynamics and Northrop Grumman: Virginia-class SSN, $27.3
  • Various: Chemical Demilitarization program, $23.4 billion
The last one covers a number of contractors, and is for destroying US Chemical warfare stockpiles.

How the hell do you go that far over budget incinerating nerve gas? Just how much of this stuff is lying around in arsenals?

Seriously DoD procurement is completely out of control, and it's going to take us down the way it took down the USSR.

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