How bad is DoD blowing its budget?

Friday - 4/1/2011, 4:28pm EDT

Mike Sullivan, Director of Acquisition and Sourcing Management Issues, GAO

Click to hear the interview.

Download mp3

Nearly one-third of weapons systems the Defense Department has bought since 1997 are overbudget, and some of them by as much as 50 percent.

Those numbers are from a new Government Accountability Office report. The federal law that is supposed to get the Pentagon to cancel or fix procurement programs isn't working. In fact, GAO only found one example. Mike Sullivan is the Director of Acquisition and Sourcing Management Issues at the GAO.

Mike Sullivan is the Director of Acquisition and Sourcing Management Issues at the GAO.

RELATED STORIES

Carper: Over-promising contractors part of DoD budget woes

Programs continue despite cost overruns, GAO says