Historical Cost Growth of Completed Weapon System Programs

Mark V Arena,Robert S Leonard,Sheila E Murray,Obaid Younossi

Historical Cost Growth of Completed Weapon System Programs
Format
Paperback
Publisher
RAND
Country
United States
Published
15 July 2006
Pages
88
ISBN
9780833039255

Historical Cost Growth of Completed Weapon System Programs

Mark V Arena,Robert S Leonard,Sheila E Murray,Obaid Younossi

Our analysis shows that the Department of Defense (DoD) and the military departments have generally underestimated the cost of buying new weapon systems and that this growth is higher than previously thought. It indicates a systematic bias toward underestimating costs and substantial uncertainty in estimating the final cost of a weapon system.

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