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DOD Budget: Substantial Risks in Weapons Modernization Plans

T-NSIAD-99-20 Published: Oct 08, 1998. Publicly Released: Oct 08, 1998.
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Highlights

GAO discussed the Department of Defense's (DOD) budgetary plans to modernize its forces, focusing on: (1) DOD's experience over the last few years in trying to shift funds from nonmission or infrastructure programs to acquisition programs; (2) the risks in DOD's ability to execute its Future Years Defense Program (FYDP) for fiscal years 1999 through 2003; and (3) the implications of current procurement trends for DOD's future modernization.

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Defense budgetsDefense cost controlDefense economic analysisDefense procurementFinancial managementFuture budget projectionsMilitary downsizingProcurement policyWeapons systemsProcurement