Status of Major Acquisitions as of September 30, 1982

NSIAD-83-32: Published: Sep 7, 1983. Publicly Released: Sep 7, 1983.

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GAO reported on the status of major ongoing civil and defense acquisitions as of September 30, 1982. The report provided data on cost, schedule, quantity, and funding as well as reasons for cost growth.

The total estimated cost of the 444 ongoing acquisitions included cost growth of $401 billion from the development estimates and $463 billion from the initial estimates. Department of Defense acquisitions have a total estimated cost of nearly $742 billion, about 88 percent of the total of both civil and defense acquisitions. The civil acquisitions have a total estimated cost of just over $100 billion. Inflation was given as the major reason for civil acquisition cost growth.

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