Home / Press Releases / Deloitte Reports $468B 2015 Cost Overrun for Major Defense Acquisition Programs; Robin Lineberger Comments

Deloitte Reports $468B 2015 Cost Overrun for Major Defense Acquisition Programs; Robin Lineberger Comments

Robin Lineberger
Robin Lineberger

TYSONS CORNER, VA, Oct. 27, 2016 — A study conducted by Deloitte has found that the total cost overrun of major defense acquisition programs reached $468 billion in 2015 with a 48.3-percent growth from 2008’s $295 billion, ExecutiveBiz reported Tuesday.

Deloitte said Monday the report found that there is a trend of cost growth and schedule delays on the Defense Department‘s MDAP portfolio with nearly 30 months in average schedule delays.

“Our research indicates that over the past seven years, the problem has persisted, albeit at a decreasing rate of growth, ” said Robin Lineberger, principal for the U.S. aerospace and defense practice at Deloitte Consulting.

“When looking at defense programs with the largest growth or largest declines, we find that those with the largest growth result from quantity increases but also process inefficiencies, design and technical modifications, and major restructuring such as combining programs and changing the mix of items in a manner that delayed schedules or created cost overruns.”

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

Contact:
David Smith
(703) 226-7002
david.smith@executivemosaic.com

Check Also

Perspecta Eyes Tech, Engineering Support Orders Under $7.5B DISA IDIQ; Mac Curtis Quoted

TYSONS CORNER, VA, November 12, 2019 — Perspecta (NYSE: PRSP) will work to provide advanced technology platforms and engineering support services to the Defense Information Services Agency via its prime position on a potential $7.5B contract, ExecutiveBiz reported Nov. 5.

Josh Sullivan: Booz Allen Seeks to Help Customers Deploy AI Models With New Enterprise Software

TYSONS CORNER, VA, November 12, 2019 — Booz Allen Hamilton (NYSE: BAH) rolled out a software platform and marketplace that offers government or commercial clients access to pre-trained artificial intelligence models from various developers, ExecutiveBiz reported Nov. 5.