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High Risk Venture Costs in Pentagon R D
Defense R D shows high costs and frequent overruns as the Pentagon bets on risky experimental programs. McNamara cites engine development delays. Harvard study notes 220 percent cost overrun vs initial estimates. TFX/F111B, Cheyenne helicopter, and transponder contracts illustrate recurring price and sourcing challenges.
MENTIONED IN THIS ARTICLE
Donald M. Rothberg
Jean Heller
Washington
Lyoise Department
Congress
Navy
Pentagon
Defense
Robert S. McNamara
McNamara
Scherer
Lederer
She i
Merton J. Peck
FM. M. Scherer
Harvard Business School
Senate
Harvard
TFX
Air Force
TEX
General Dynamics
Racing Co
Fach Service
Secretary of Defense
John T. McClellan
R&d
Department
Defense Department
Naval Research Laboratory
Bendix Radio Division
Baltimore
Bendix
Norman Champlin
Naval Air Systems Command