Don't forget to get rid of "low bid/best value" as an award criterion. I suspect a big piece of cost increases is due to contractors underbidding and then getting price increases granted as the programs get well entrenched. This can happen with or without government ECPs. From an earned value management (EVM) perspective, things look great until too late. Contractors can game the system and earn big EVM points doing egg-sucking work early on. If a contractor puts off the really hard tech development stuff until late in the materiel development effort, program costs tend to skyrocket late in life.
I think the operative logic (or is that illogic) is once you're more than a quarter way into the program, you need to keep throwing money at it in order to save the investment you've already made (not to mention all the jobs that the program has created in Congressional districts across the country). I think any program's likelihood of cancellation is inversely proportional to the number of Congressional districts in which the contractor and its subs have operating locations. I also suspect that the likelihood of cost overruns is directly proportional to that number of Congressional districts as well.
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