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Publication Date: 2006
Publisher: RAND Corporation, The
Arena, Mark V., Leonard, Robert S., Murray, Sheila E.
Our analysis shows that the Department of Defense (DoD) and the military departments have generally underestimated the cost of buying new weapon systems and that this growth is higher than previously thought. It indicates a systematic bias toward underestimating costs and substantial uncertainty in estimating the final cost of a weapon system.Arena, Mark V. is the author of 'Historical Cost Growth of Completed Weapon System Programs Technical Report', published 2006 under ISBN 9780833039255 and ISBN 0833039253.