Word: gama
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Dates: during 1970-1979
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Pentagon officials have long conceded that there are bound to be some "horror stories" among the approximately 22,000 contracts that the military services let each year. Kaufman insists that "literally every contract is a horror story." He cites case after case of overruns, from the Gama Goat, an amphibious cargo carrier that cost $304 million more than expected to develop, to the C-5A and General Dynamics' F-111 fighter-bombers, which went up from $4,000,000 to $13.7 million each...