Have you heard? Navy’s $700 Million Minehunting System Doesn’t Work.

SGT Private RallyPoint Member — Tue, 08 Sep 2015 15:43:37 -0400

A new report by Sen. John McCain in his publication series called “America’s Most Wasted” finds that the for the past 16 years, the Navy has spent $706 million on a remote minehunting system that continues to underperform.

“At a time when the defense budget continues to shrink while global threats emerge every day, it is absolutely critical for the Defense Department to stop throwing more taxpayer dollars after bad and start investing in programs that enhance the capability and readiness of our warfighters,” said a statement from McCain, reports Washington Examiner.

http://www.washingtonexaminer.com/mccain-navy-program-wastes-700-million/article/2571406

McCain: Navy program wastes $700 million

The finding is from "America's Most Wasted," a regular report released by John McCain.

Response by SCPO David Lockwood made Sep 8 at 2015 3:46 PM

SCPO David Lockwood — Tue, 08 Sep 2015 15:46:14 -0400

It wouldn't surprise me!

Response by LCDR Private RallyPoint Member made Sep 8 at 2015 3:58 PM

LCDR Private RallyPoint Member — Tue, 08 Sep 2015 15:58:43 -0400

I never liked RMS

Response by MSG Private RallyPoint Member made Sep 8 at 2015 4:07 PM

MSG Private RallyPoint Member — Tue, 08 Sep 2015 16:07:02 -0400

Well, I wonder how that audit will pan out.

Response by SN Greg Wright made Sep 8 at 2015 5:03 PM

SN Greg Wright — Tue, 08 Sep 2015 17:03:27 -0400

SGT Private RallyPoint Member Yeah well, this or the F-35....I know which I'd rather live with. (Since neither isn't an option.)

Response by CDR Michael Goldschmidt made Sep 8 at 2015 6:47 PM

CDR Michael Goldschmidt — Tue, 08 Sep 2015 18:47:38 -0400

Wow...McCain said SOMETHING that makes sense?

Response by PO1 Glenn Boucher made Sep 10 at 2015 1:09 PM

PO1 Glenn Boucher — Thu, 10 Sep 2015 13:09:59 -0400

Not to sound like a know it all, but isn't almost every system that is ordered for the military lack initial performance and it takes years of upgrades to even reach initial specifications.
Take the F/A 18 for instance. From everything I heard about it and read about the program it took several upgrades and billions of dollars in overruns to reach its initial design specifications. I remember hearing on the ship how the F/A 18 had to top off its fuel faster than the F-14 shortly after taking off from the carrier. If I remember correctly it was more than 10 years before the F/A 18 met original design specs.
The reason we have so many under performing pieces of equipment is that our leaders constantly allow the contractors to fail to meet deadlines without consequences.
In my opinion if you are a contractor and you say you can deliver me a next generation fighter jet that is better than what I currently have and it will cost $500 million to design and each plane will cost $22 million and I can do it in 5 years, then that contractor should come in at 5 years at $500 million and not one penny more. Any and all cost overruns should be absorbed by the contractor as they figure in cost overruns into their initial budget. Unless I as the military service cause delays then I should never pay one cent more than the initial costs. If you the contractor fail to deliver on time and on budget then its your loss and not my responsibility.

Response by TSgt John Temblador, PI, CIPA made Nov 15 at 2015 2:18 AM

TSgt John Temblador, PI, CIPA — Sun, 15 Nov 2015 02:18:15 -0500

https://youtu.be/1QK4bblyfsc

$9,000,000,000,000 MISSING From The Federal Reserve SHOCKING FOOTAGE

Rep. Alan Grayson questions the FED inspector General where $9 TRillion dollars went... and Inspector General Elizabeth Coleman hasn't a clue...Dunno whether...

Response by MAJ Ken Landgren made Nov 15 at 2015 3:49 PM

MAJ Ken Landgren — Sun, 15 Nov 2015 15:49:51 -0500

The red tube monitors the Xs, the blue tube monitors the Ys, and the silver tube monitors the XY's.