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GAO Blasts Weapons Budget

US Politics & Gov't  (tags: war, economy, no-bid contracts, fraud )

- 4129 days ago -
Government auditors issued a scathing review yesterday of dozens of the Pentagon's biggest weapons systems, saying ships, aircraft and satellites are billions of dollars over budget and years behind schedule.


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Marian E (152)
Tuesday April 1, 2008, 9:16 pm

Include in that, the cost for iron and steel which has risen sharply, and the costs and delays will continue to mount. (Today, scrap iron rose $100.00 per ton for #1 prepared. It's now at an all time high of approx.$440.00 per ton delivered at the mills.)

Thank you again Mark.
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