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Tag Archives: Selected Acquisition Reports

Pentagon Increases Major Defense Procurement Cost Estimate to $2T

The Department of Defense’s cost estimates for the acquisition of major weapons platforms climbed from $1.92T in 2017 to $2T in 2018 covering 87 programs. According to the annual Selected Acquisition Reports, the total program costs for DoD rose by 4 percent to $624.1B driven by the F-35 program. The total acquisition cost of the program jumped by $15.3B in base year 2012 dollars.

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Ellen Lord Cites DoD Acquisition Reform Goals for 2019

Ellen Lord, undersecretary for acquisition and sustainment at the Department of Defense, has said one of her goals for calendar year 2019 is to revise the DoD Instruction 5000.02 policy, Defense News reported Thursday. “In 2019, one of my key objectives is to rewrite 5000.02,” she told reporters on Dec. 17.

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