GAO Flails Soaring Space Programs Costs In Report To Key Lawmakers.

Publication: Government Procurement Report

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Deep flaws in space programs cause them to run far over cost estimates and trail well behind schedule, with a risk that they may not perform as required, flaws that could be remedied with better program management, the Government Accountability Office (GAO) reported.

These weaknesses involve real money, given that space programs together total about $7 billion yearly in Department of Defense (DOD) outlays, the GAO noted.

The government watchdog agency assessed a series of the programs, including the Transformational Satellite Communications System (TSAT) by The Boeing Co. [BA] and Lockheed Martin Corp. [LMT]; the Space Based Infrared System (SBIRS)-High by Lockheed with a significant role by Northrop Grumman Corp. [NOC]; the Evolved Expendable Launch Vehicle (EELV) program by Lockheed and Boeing; the Advanced Extremely High Frequency Satellite program by Lockheed,...

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