The V-22 Program's Need for a More Flexible and Farsighted Acquisition Strategy
Abstract
In order to control runaway acquisition costs, Congress frequently insists that the DOD develop and procure its major weapons systems with firm fixed-price contracts. These contracts work well for controlling costs of systems with few unknowns and low technological risks. However, in the case of the V-22 Osprey, a system whose three relatively new technologies could have many unknown and high risks, a long-term fixed-price contract may not be a good idea. In addition to showing the the V-22's current fixed-price contract may not be able to contend with its potential engineering problems, this study provides recommendations for developing a more flexible and farsighted acquisition strategy for the V-22.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1988
- Accession Number
- ADA192789
Entities
People
- Alan J. Bacon
Organizations
- Air Command and Staff College