Team Infidel
Forum Spin Doctor
Washington Post
April 30, 2008
Pg. D4
Poor management by the Defense Department and General Dynamics has led to billions of dollars in cost overruns and years of delays for a key Marine Corps tank program, a congressional panel said. The House Committee on Oversight and Government Reform found that major development flaws have pushed up the cost of the Expeditionary Fighting Vehicle program by 168 percent per tank and pushed the production deadline back by eight years.
The Defense Department said it will acquire 593 of the amphibious assault vehicles from General Dynamics at a total cost of $13.2 billion, compared with an earlier projection of 1,025 tanks for $8.4 billion, according to a House Oversight Committee report.
April 30, 2008
Pg. D4
Poor management by the Defense Department and General Dynamics has led to billions of dollars in cost overruns and years of delays for a key Marine Corps tank program, a congressional panel said. The House Committee on Oversight and Government Reform found that major development flaws have pushed up the cost of the Expeditionary Fighting Vehicle program by 168 percent per tank and pushed the production deadline back by eight years.
The Defense Department said it will acquire 593 of the amphibious assault vehicles from General Dynamics at a total cost of $13.2 billion, compared with an earlier projection of 1,025 tanks for $8.4 billion, according to a House Oversight Committee report.