The Government Accountability Office has found costs for new weapons spiraling out of control -- and competing for dollars with the wars. From the Washington Post:
The GAO found some weapons were pitched with unrealistic price tags to begin with -- sometimes 30% - 40% below what they would end up costing. (WaPo)
The major weapons systems being developed and produced by the Defense Department will require $1.6 trillion to complete and $335 billion over the next five years -- money that may not be available because of the continuing cost of military operations in Iraq and Afghanistan, according to a new report by the Government Accountability Office.