High Risk Series:

Defense Weapons Systems Acquisition

HR-93-7: Published: Dec 1, 1992. Publicly Released: Dec 1, 1992.

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GAO reviewed the Department of Defense's (DOD) annual expenditure of billions of dollars to acquire new weapons systems, focusing on DOD determination, planning, budgeting, and acquisition of major weapons requirements.

GAO found that: (1) while the services conduct considerable analyses to justify major acquisitions, these analyses were narrowly focused, and did not fully consider alternative solutions, including the joint acquisition of systems with other services; (2) cost growth and schedule delays were among the oldest and most visible problems associated with DOD weapon system acquisition; (3) DOD tendency to overestimate the amount of future funding available for defense, and underestimate program costs, has resulted in program acquisition strategies that are unreasonable or risky at best; (4) the most troublesome characteristic of DOD acquisition strategies was the high degree of concurrency between the development and production of weapons; (5) DOD has compromised or not adequately considered design considerations such as reliability, maintainability, and logistics support during the acquisition process.

Below are the reports in this series:

High Risk Series: Farmers Home Administration's Farm Loan Programs HR-93-1, Dec 1, 1992

High Risk Series: Guaranteed Student Loans HR-93-2, Dec 1, 1992

High Risk Series: Bank Insurance Fund HR-93-3, Dec 1, 1992

High Risk Series: Resolution Trust Corporation HR-93-4, Dec 1, 1992

High Risk Series: Pension Benefit Guaranty Corporation HR-93-5, Dec 1, 1992

High Risk Series: Medicare Claims HR-93-6, Dec 1, 1992

High Risk Series: Defense Weapons Systems Acquisition HR-93-7, Dec 1, 1992

High Risk Series: Defense Contract Pricing HR-93-8, Dec 1, 1992

High Risk Series: Department of Energy Contract Management HR-93-9, Dec 1, 1992

High Risk Series: Superfund Program Management HR-93-10, Dec 1, 1992

High Risk Series: NASA Contract Management HR-93-11, Dec 1, 1992

High Risk Series: Defense Inventory Management HR-93-12, Dec 1, 1992

High Risk Series: Internal Revenue Service Receivables HR-93-13, Dec 1, 1992

High Risk Series: Managing the Customs Service HR-93-14, Dec 1, 1992

High Risk Series: Management of Overseas Real Property HR-93-15, Dec 1, 1992

High Risk Series: Federal Transit Administration Grant Management HR-93-16, Dec 1, 1992

High Risk Series: Asset Forfeiture Programs HR-93-17, Dec 1, 1992

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