[1] The Congressional Budget Office predicted that the reforms would cost US$55 million and should be in place by the end of 2010.

Another government report detailed $295 billion in waste and cost overruns in defense contracts.

CAPE reports directly to the Secretary of Defense and supersedes the Office of Program Analysis and Evaluation (PA&E).

[2] Upon signing the Act, President Obama cited the need to end the "waste and inefficiency" it addressed.

Key provisions in the Weapon Systems Acquisition Reform Act included:[4]