Thanks in part to a lack of oversight, a government agency Wednesday warned that unless the U.S. Air Force is able to acquire new satellites soon, the Global Positioning Systen may crash by next year, wreaking havoc with the public and military operations.
According to a new report from the U.S. Government Accountability Office (GAO), an overhaul of the 20-year-old system has been delayed until November, putting it three years behind schedule. The project is also over budget by $870 million from the original cost estimate of $729 million, for a total of approximately $1.6 billion.
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