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Friday, June 26, 2015

Military spending

How Much Does The Pentagon Spend On Weapons? Less Than You Think.


This M1A1 tank operated by the Marine Corps cost about $5 million.  So does Caterpillar's 797 haul truck.  They both operate well in off-road conditions, but the tank can do a lot more than haul rocks. (Retrieved from Wikimedia)There’s a big debate in Congress right now about how to fix the way the Pentagon buys weapons.  Legislators in both parties believe that if the military got smarter about the way it defines requirements and deals with contractors, it could save vast amounts of money.  But here’s a curious thing about the debate: many lawmakers don’t seem to have a clear idea how much is actually spent on weapons.  Neither do many of the pundits who comment on the subject or reporters who cover it.

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