DoD report: $58 billion wasted in canceled weapons

Published October 26, 2016 12:45pm ET



The Pentagon has spent at least $58 billion over the past two decades on weapons systems that seemed like a good idea at the time, but never made it off the ground, or even off the drawing board.

The eye-popping figure is buried in a Pentagon report released this week from Undersecretary of Defense for Acquisition, Technology and Logistics Frank Kendall.

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