Tag Archives: DoD

GAO: DoD Lacks Strategy for Weapons Portfolio Management

The Defense Department needs an integrated approach to prioritize, evaluate and finance the department’s weapon procurement initiatives, according to a study by the Government Accountability Office. GAO said Aug. 27 that DoD has 78 ongoing weapon acquisition programs that cost more than $1.4 trillion combined. Acquisition and requirement development personnel …

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GAO: Pentagon Needs Consistency in Portfolio Reviews for Weapon System Investments

A new Government Accountability Office report has found what auditors call lapses in the way the Defense Department adopts portfolio management techniques to assess its acquisition programs for weapon systems. GAO said in an August report that there are several factors that hinder DoD to collectively evaluate its investments in weapon platforms, such as …

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