- Defense Acquisitions: Assessments of Selected Weapon Program, GAO-15-342SP: Published: Mar 12, 2015. Publicly Released: Mar 12, 2015: “Over the past year, the overall size of DOD’s major defense acquisition program portfolio decreased, from 80 programs to 78, while the estimated cost has decreased by $7.6 billion. The size and cost of the portfolio is currently the lowest in a decade. The decrease in current portfolio cost is due primarily to significant quantity decreases on two programs—most other programs actually experienced a cost increase over the past year. The average time to deliver initial capability to the warfighter also increased by over 1 month. Forty-one programs in the portfolio lost buying power during the past year resulting in $5.3 billion in additional costs, a contrast to the buying power gains seen in GAO’s prior assessments. The F-35, the costliest program in the portfolio, epitomizes this loss in buying power as its costs have risen over the past year without any change in quantity, meaning it is paying more for the same amount of capability.”
- Egypt: U.S. Government Should Examine Options for Using Unobligated Funds and Evaluating Security Assistance Programs, GAO-15-259: Published: Feb 11, 2015. Publicly Released: Mar 12, 2015: “As of September 30, 2014, the U.S. government had disbursed or committed almost $7.5 billion (about 80 percent) of over $9.3 billion in assistance allocated for Egypt in fiscal years 2009 through 2014. The U.S. government allocated 98 percent of this funding from the Foreign Military Financing and Economic Support Fund (ESF) accounts. The Department of State (State) and the U.S. Agency for International Development (USAID) reported $460 million in unobligated ESF balances for Egypt—equal to about 230 percent of their fiscal year 2015 budget request of $200 million. This included $260 million in prior year funding allocated for a cash transfer to Egypt that the administration announced in October 2013 that it would not carry out. According to U.S. officials, these funds have not been reprogrammed for other purposes. Given U.S. government resource constraints, it is important that U.S. agencies have plans for using existing resources.”
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