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Monday, July 25, 2011

Army Blows $15 Billion Over The Past 5 Years

The Army plans to hire 2,000 acquisition experts by 2015. The move follows publication of a report showing it wasted $15 billion over the last five years on programs that never worked out. NextGov reports, the study, released last week, blames a broken acquisition process and the erosion of core competencies of people setting requirements and doing the buying. The review was chaired by Gilbert Decker, former assistant secretary of the Army for research, development and acquisition, and by retired Army General Louis Wagner, a former chief of the Materiel Command.

2 comments:

Anonymous said...

clean up ALL departments of government. the problem is these people are spending someone elses money. if they had to spend their own money and be accountable and suffer the consequences of their ill planning directly this wouldn't continue to happen......

Anonymous said...

Programs that never worked out . . .


Code for: embezzled money