This is GAO's annual assessment of DOD weapon system acquisitions, an area that has been on GAO's high risk list for more than 20 years. The report responds to the mandate in the joint explanatory statement to the DOD Appropriations Act, 2009. It includes observations on the cost and scheduled performance of DOD's 2012 portfolio of 86 major defense acquisition programs including, Missile Defense Agency's, Ballistic Missile Defense system.
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