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Friday, April 01, 2005

Report Says Pentagon Spending on Weapons to Soar
The New York Times > Business > Report Says Pentagon Spending on Weapons to Soar: "A new report by the Government Accountability Office warned yesterday that the costs of the Pentagon's arsenal could soar by hundreds of billions of dollars over the next decade.

The Pentagon has said it is building more than 70 major weapons systems at a cost of at least $1.3 trillion. But the Pentagon generally understates the time and money spent on weapons programs by 20 to 50 percent, the new report said"
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posted by Richard Campbell at 4/01/2005 12:40:00 PM


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