Comment: The Air Force is taking 45 days to respond to cost overrun threshold.
Bloomberg article requires joining for free to read. Inside Defense article has a free 30 day access.
https://www.dau.edu/glossary/nunn-mccurdy-breach
Defense Acquisition University Glossary Term: Nunn-McCurdy Breach
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Quote from Air and Space Forces:
The Air Force is assessing whether the nuclear intercontinental ballistic missile modernization program's cost overruns have breached legal thresholds that could trigger further investigation, an Air Force spokeswoman told Inside Defense. The LGM-35A Sentinel program manager filed a program deviation report with the Air Force, as first reported by Bloomberg, the spokeswoman confirmed.
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https://insidedefense.com/daily-news/air-force-assessing-sentinel-icbms-potential-nunn-mccurdy-breach
"Air Force assessing Sentinel ICBMs for potential Nunn-McCurdy breach"
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https://www.bloomberg.com/news/articles/2023-12-14/new-us-icbm-risks-breaching-a-congressional-ceiling-if-costs-soar
Quote from above Bloomberg article entitled:
"The Air Force review will take about 45 days before a determination is made as to whether the ICBM program exceeds the law’s cost thresholds, the service said in a statement."
Quote:
By Anthony Capaccio
December 14, 2023 at 12:31 PM EST
Updated on
December 14, 2023 at 4:09 PM EST
The US Air Force’s new intercontinental ballistic missile program is at risk of blowing past its initial $96 billion cost estimate by so much that the overruns may trigger a review on whether to terminate the project.
By one estimate, each of the ICBMS and related expenses, such as silo construction, may cost as much as 50% more than the current estimate of $118 million in 2020 dollars not adjusted for inflation. In theory, that could bring the cost for the 659 missiles planned to almost $117 billion.
