Defense Cuts Coming, Gates TestifiesJanuary 28, 2009
The Virginian-Pilot
WASHINGTON -- Defense spending, particularly for expensive new weapons such as the Navy's Littoral Combat Ship (uhc: $600 million) and the F-35 fighter (uhc: $239 million), is going down and the Obama administration is preparing to make hard choices to end programs that exceed their budgets, Defense Secretary Robert Gates said.
"The spigot of defense funding opened by 9/11 is closing," Gates told the Senate Armed Services Committee on Tuesday.
The demands of wars in Afghanistan and Iraq, along with the nation's economic crisis, require military planners to separate "those things that are desirable from those things that are truly needed" in the way of new weapons, Gates added.
He suggested that the new administration will avoid across-the-board spending reductions, "which inefficiently extend all programs," and will try to save money by eliminating unneeded programs.
The secretary did not signal which programs he has in mind, but said the cuts will begin in the administration's 2010 defense budget proposal. That plan is expected to be released this spring.
Rest of article at:
http://www.military.com/news/article/defense-cuts-coming-gates-testifies.html?col=1186032310810uhc comment: Most, if not all military programs are over budget. Examples:
LAPDs were supposed to cost $800 million - they cost $1.8 billion
F-22s cost $355 million a pop, but I keep seeing stuff saying they cost $150 million
My personal favorite is an $89,000 155mm artillery round
For more info, search this forum or google: Deepwater, Future Combat Systems