Pentagon overpays for nearly everything

According to a recent report from the Government Accountability Office, the Pentagon is paying way too much for nearly everything. From Business Week:

Across the military, the average major Pentagon acquisition comes in at 40 percent over budget, according to a recent report from the Government Accountability Office. In spite of the Pentagon’s well-documented history of profligacy, the Congress continues to enlarge its responsibilities. The DOD’s mandate now includes wide-ranging scientific and medical research and international infrastructure projects, diffusing the focus on its core mission—like buying planes that don’t set themselves afire on the runway. That’s a disservice to America’s military and a burden to the country’s taxpayers.

http://www.campaignforliberty.org/national-blog/gao-pentagon-overpays-nearly-everything/