On September 8, 1982, President Ronald Reagan signed into law the Department of Defense
(DOD) Authorization Act, 1983 (P.L. 97-252), which included what has come to be known as the
Nunn-McCurdy Act (10 U.S.C. § 2433). The Nunn-McCurdy Act requires DOD to report to
Congress whenever a major defense acquisition program experiences cost overruns that exceed
certain thresholds. The purpose of the act was to help control cost growth in major defense
systems by holding the appropriate Pentagon officials and defense contractors publicly
accountable and responsible for managing costs.
http://www.fas.org/sgp/crs/natsec/R41293.pdf
(DOD) Authorization Act, 1983 (P.L. 97-252), which included what has come to be known as the
Nunn-McCurdy Act (10 U.S.C. § 2433). The Nunn-McCurdy Act requires DOD to report to
Congress whenever a major defense acquisition program experiences cost overruns that exceed
certain thresholds. The purpose of the act was to help control cost growth in major defense
systems by holding the appropriate Pentagon officials and defense contractors publicly
accountable and responsible for managing costs.
http://www.fas.org/sgp/crs/natsec/R41293.pdf
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