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Programs continue despite cost overruns, GAO says

The Government Accountability Office said in findings announced to Congress Tuesday that the Nunn-McCurdy amendment, designed to curtail cost growth in Defense programs, has succeeded in bringing an end to only one overly costly military program in the last 14 years.

Tags: DoD , cost overruns , contracting , DoD budget , Congress , Tom Carper , GAO , Frank Kendall , Jared Serbu

Tuesday - 03/29/2011, 04:30pm EDT
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