YOUR MONEY AT WORK: $4 BILLION ON SATELLITE THAT DIDN’T
Topic: Procurement, National Reconnaissance Office, Your Money at Work, Once in a Lifetime, Federal Agencies, Contracting and contractors12. November 2007 |
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The New York Times’s Philip Taubman here brings to light a stunning story of waste and mismanagement at the National Reconnaissance Office, which contracted for a new generation of spy satellites with Boeing beginning in 1999. Four billion dollars later the program was stopped as future cost projections reached $18 billion.
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