A seasoned Defense Department procurement insider says unchecked acquisitions may put the Pentagon out of business.
Acquisition cost data over the past 60 years show that the U.S. defense community is on a path to bankruptcy. Growth rates for unit costs of major systems are greater than those for total defense procurement, total defense spending, and the gross domestic product (GDP). If these historic trends are not addressed, the U.S. military will cease being a significant influence in world events because of shrinking force structure. Past acquisition reforms have been unable to change the trend because they focused on the problem's symptoms (e.g., schedule slippages and cost growth), not its causes.