Prospects Dim for Marine One Upgrade
(Source: WashingtonPost.com)
The prospects for building a new fleet of high-tech presidential helicopters darkened yesterday, after the new commander in chief called the costly Bush administration effort an example of military procurement “gone amok” and said he thinks the existing White House helicopter fleet “seems perfectly adequate.”
But Obama’s disclosure that he had asked Defense Secretary Robert M. Gates to conduct a “thorough review of the helicopter situation” amounted to a shot across the bow of large defense contractors such as Lockheed Martin, the helicopter’s manufacturer. In recent years, contractors have experienced multiple cost overruns — totaling $300 billion on the 95 largest military programs, according to the Government Accountability Office — without incurring substantial penalty.
Click here to read the full article.