FCS Costs Skyrocket

This is from Military.com:

At a May 2003 Defense Acquisition Board review of the Army's largest acquisition program, the CAIG pegged the cost of FCS at $175 billion.
“Since that estimate was prepared, the Army has made significant structural changes to the program, resulting in substantial increases in costs,” the new CAIG report states, noting the program's restructuring in 2004 that extended the program's time line and added a series of “spin-outs” as well as several platforms to the program's scope.
Those changes helped boost the CAIG estimate of the total cost for FCS in 2006 to between $295 billion and $307.2 billion. The range reflects risk in the cost of the program's research, development, testing and evaluation phase, states the report, obtained last week by Inside the Army.

This billion-dollar boondoggle should be scrapped, with money going for the troops, new Humvees, and off the shelf Stryker Combat Vehicles.

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