Threat Matrix: Episode 16 – What could the Pentagon buy with the $448 billion it wastes?

Threat Matrix brings you weekly insight into the latest news and trends in cybersecurity and national security.

This week, we learned the cost growth of the military’s major weapons systems — that’s the amount we pay contractors above and beyond their initial cost estimates due to mismanagement and inefficiencies — totals about $448 billion.

What could the nation buy, in terms of military power, for all of that money we waste?

Dan Verton has a few ideas from this week’s Senate Armed Services Committee hearing on reforming the defense acquisition system.