Our analysis shows that the Department of Defense (DoD) and the military departments have generally underestimated the cost of buying new weapon systems and that this growth is higher than previously thought. It indicates a systematic bias toward underestimating costs and substantial uncertainty in estimating the final cost of a weapon system.
Our analysis shows that the Department of Defense (DoD) and the military departments have generally underestimated the cost of buying new weapon systems and that this growth is higher than previously thought. It indicates a systematic bias toward underestimating costs and substantial uncertainty in estimating the final cost of a weapon system.