April 1, 2010 - The Department of Defense (DoD) has released details on major defense acquisition program cost, schedule, and performance changes since the September 2008 reporting period. This information is based on the Selected Acquisition Reports (SARs) submitted to the Congress for the December 2009 reporting period. [Note: DoD did not submit a full complement of SARs for fiscal 2009 because the fiscal 2010 President's Budget did not include updated outyear funding information.]
SARs summarize the latest estimates of cost, schedule, and performance status. These reports are prepared annually in conjunction with submission of the President's Budget. Subsequent quarterly exception reports are required only for those programs experiencing unit cost increases of at least 15 percent or schedule delays of at least six months. Quarterly SARs are also submitted for initial reports, final reports, and for programs that are rebaselined at major milestone decisions.
The total program cost estimates provided in the SARs include research and development, procurement, military construction, and acquisition-related operation and maintenance (except for pre-Milestone B programs, which are limited to development costs pursuant to 10 USC §2432). Total program costs reflect actual costs to date as well as future anticipated costs. All estimates include anticipated inflation allowances.
The current estimate of program acquisition costs for programs covered by SARs for the prior reporting period (September 2008) was $1,648,292.3 million. After adding the cost changes for H-1 Upgrades in December 2008 and E-2D in June 2009 and subtracting the costs for four final reports for Armed Reconnaissance Helicopter (ARH), Future Combat Systems (FCS), Small Diameter Bomb I (SDB I), and Presidential Helicopter (VH-71) during fiscal 2009, the June 2009 adjusted current estimate of program acquisition costs is $1,485,068.0 million.
Thursday, April 01, 2010
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