The aircraft carrier USS Ronald Reagan travels through the Pacific Ocean with other ships assigned to the Rim of the Pacific 2010 exercise, north of Hawaii, July 24, 2010. U.S. Navy photo by Petty Officer 3rd Class Dylan McCord
Challenging The Navy’s Numbers -- Walter Pincus, Washington Post
Since the Defense Department faces the need to reduce expenditures, here is one suggested new year’s resolution: Make the military services have a mandatory 80 percent confidence level in their estimated costs of a new weapons systems before major funding is approved.
What is a “confidence level?” the average taxpayer might ask. It is something the services have been doing for years but without much publicity. It is the percentage guesstimate by which the military service believes the cost it puts forward for a new, major acquisition will actually hit that figure.
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My Comment: Like all government programs .... military or not .... the ugly truth is that in the end they never rally add up.
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