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DOD releases selected acquisition reports: Department of Defense news release (August 15, 2003).(In The News)

The Department of Defense has released details on major defense acquisition program cost and schedule changes since the December 2002 reporting period. This information is based on the Selected Acquisition Reports (SAPS) submitted to the Congress for the June 30, 2003, reporting period.

SARs summarize the latest estimates of cost, schedule, and technical status. These reports are prepared annually in conjunction with the president's budget. Subsequent quarterly exception reports are required only for those programs experiencing unit cost increases of at least 15 percent or schedule delays of at least six months. Quarterly SAPs are also submitted for initial reports, final ...

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