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F-22A Multiyear Procurement Program

F-22A Multiyear Procurement Program
Author: Obaid Younossi
Publisher: Rand Corporation
Total Pages: 139
Release: 2007
Genre: History
ISBN: 0833041967

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Buying defense weapon systems under multiyear contracts rather than a series of single-year contracts can save costs because contractors can buy materials in more economic quantities, schedule workers and facilities more efficiently, and reduce the burden of preparing multiple proposals. The U.S. Air Force is in the process of awarding multiyear contracts for 60 F-22A aircraft over three years. Congress wants to assure itself that the proposed contract will yield the promised savings and asked RAND for an independent review of the estimated savings. Researchers found that a multiyear procurement of three lots of F-22A fighters would save an estimated $411 million-about 4.5 percent of the total contract value. They were able to trace 70 percent of the $411 million to substantiated savings estimates identified by the contractors. Examining the issue of multiyear savings using several approaches produces a consistent range of results, indicating that the savings attributed to the multiyear contract by the contractors appear to be reasonable.


F-22A Multiyear Procurement Program. An Assessment of Cost Savings

F-22A Multiyear Procurement Program. An Assessment of Cost Savings
Author:
Publisher:
Total Pages: 0
Release: 2007
Genre: F-22 (Jet fighter plane)
ISBN:

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Buying defense weapon systems under multiyear contracts rather than a series of single-year contracts can save costs because contractors can buy materials in more economic quantities, schedule workers and facilities more efficiently, and reduce the burden of preparing multiple proposals. The U.S. Air Force is in the process of awarding multiyear contracts for 60 F-22A aircraft over three years. Congress wants to assure itself that the proposed contract will yield the promised savings and asked RAND for an independent review of the estimated savings. Researchers found that a multiyear procurement of three lots of F-22A fighters would save an estimated $411 million-about 4.5 percent of the total contract value. They were able to trace 70 percent of the $411 million to substantiated savings estimates identified by the contractors. Examining the issue of multiyear savings using several approaches produces a consistent range of results, indicating that the savings attributed to the multiyear contract by the contractors appear to be reasonable.


Multiyear Procurement (MYP) and Block Buy Contracting in Defense Acquisition

Multiyear Procurement (MYP) and Block Buy Contracting in Defense Acquisition
Author: Ronald O'Rourke
Publisher: DIANE Publishing
Total Pages: 23
Release: 2012-10-25
Genre: Technology & Engineering
ISBN: 1437989462

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This report provides background information and issues for Congress on multiyear procurement (MYP) and block buy contracting (BBC), which are special contracting mechanisms that Congress permits the Department of Defense (DOD) to use for a limited number of defense acquisition programs. Compared to the standard or default approach of annual contracting, MYP and BBC have the potential for reducing weapon procurement costs by several percent.


Defense acquisitions : recent F22 production cost estimates exceeded congressional limitation

Defense acquisitions : recent F22 production cost estimates exceeded congressional limitation
Author:
Publisher: DIANE Publishing
Total Pages: 33
Release: 2000
Genre:
ISBN: 1428970738

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The Air Force F-22 Raptor is an air superiority aircraft being developed to replace F-15 fighter aircraft. Lockheed Martin Corporation and Pratt & Whitney Corporation are the contractors for the airframe and engine, respectively. Development, which started in 1991, is scheduled to be completed in August 2003. The Air Force plans to enter low-rate initial production in December 2000. Projections of higher production costs have been a source of concern for several years. In 1996, because of potential cost increases, the Air Force established a team-known as the Joint Estimating Team-to review the total estimated cost of the F-22 program. The team concluded that the cost of production could grow substantially from the amounts planned, but that cost reduction initiatives could be implemented to offset that cost growth. The Office of the Under Secretary of Defense for Acquisition, Technology, and Logistics generally adopted the team's recommendations to change certain aspects of the program as well as a plan to define and implement cost reduction initiatives. F-22 production costs were also discussed in the National Defense Authorization Act for Fiscal Year 1998 (P.L. 105-85, Nov. 18, 1997). That act limited the total cost of F-22 production but did not specify the total number of aircraft to be procured. The most recent production costs estimates were completed by the Air Force and the Office of the Secretary of Defense in late 1999. The Air Force's estimate of $40.8 billion and the Office of the Secretary's estimate of $48.6 billion both considered the potential impact of cost reduction initiatives known as production cost reduction plans. The airframe and engine contractors had identified about 1,240 of these plans-totaling $21 billion-in participation with the Air Force's F-22 program office. The Under Secretary of Defense for Acquisition, Technology, and Logistics reviews the status of the F-22 program quarterly, including its cost and affordability.


Defense Acquisitions

Defense Acquisitions
Author: Gene L. Dodaro
Publisher: DIANE Publishing
Total Pages: 190
Release: 2010
Genre: Technology & Engineering
ISBN: 1437914691

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This report examines how well DoD is planning and executing its weapon acquisition programs. The report includes: (1) an analysis of the overall performance of DoD's 2008 portfolio of 96 major defense acquisition programs and a comparison to the portfolio performance at two other points in time -- 5 years ago and 1 year ago; (2) an analysis of current cost and schedule outcomes and knowledge attained by key junctures in the acquisition process for a subset of 47 weapon programs -- primarily in development -- from the 2008 portfolio; (3) data on other factors that could impact program stability; and (4) an update on changes in DoD's acquisition policies. Includes a one- or two-page assessment of 67 weapon programs. Illustrations.


Defense acquisitions

Defense acquisitions
Author: United States. Government Accountability Office
Publisher:
Total Pages: 39
Release: 2008
Genre: Defense contracts
ISBN:

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Journal of the House of Representatives of the United States

Journal of the House of Representatives of the United States
Author: United States. Congress. House
Publisher:
Total Pages: 1130
Release: 2009
Genre: CD-ROMs
ISBN:

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Some vols. include supplemental journals of "such proceedings of the sessions, as, during the time they were depending, were ordered to be kept secret, and respecting which the injunction of secrecy was afterwards taken off by the order of the House".