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The research reported here is part of a continuing RAND study of the weapon acquisition process. It confronts two fundamental questions: how closely recent military programs have conformed to predictions of their cost and article-performance outcomes, and how the ratios of actual-to-predicted outcomes for programs of the 1960s compare with the ratios for programs of the 1950s.

This report is part of the RAND Corporation research memorandum series. The Research Memorandum was a product of the RAND Corporation from 1948 to 1973 that represented working papers meant to report current results of RAND research to appropriate audiences.

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