France's military procurement spending is not adequately monitored, while major contracts are being awarded without sufficient long-term funding. In addition, recurring delays are driving up the cost of weapon systems, according to a French oversight agency. The Cour des Comptes (CDC), an independent organization similar to the U.S. General Accounting Office, this month also rebuked the French Defense Ministry's decisions to inconsistently fund high-cost derivatives of in-production ...


"French `GAO' Attacks Military Plan Again" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.