An Analysis of the Predicted Benefits of Multi-Year Procurement
Abstract
Multi-year procurement (MYP) is a method for acquiring weapon systems over a period of several years with a single contract. The Department of Defense has identified MYP as a key initiative for improving the weapon system acquisition process. The objective of this thesis was to evaluate eight predicted MYP benefits. A survey of 34 defense contractor locations and a system dynamics model of a large aerospace contractor were used to evaluate the predicted MYP benefits. The research analysis supported the following seven benefits: modernization of plant facilities, stabilized work force, lower production costs, advanced material buys, improved surge capability, increased standardization, and improved productivity.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1982
- Accession Number
- ADA122981
Entities
People
- Lawrence J. Elbroch
- Steven B. Bergjans
Organizations
- Air Force Institute of Technology