Before the Subcommittee on Seapower of the Senate Committee on Armed Services on C-17 Multi-Year Procurement Request

Abstract

The Department is requesting legislative approval for: (1) a multi-year procurement contract; (2) a waiver of section 2306b(1), 10 USC to extend the multi-year procurement duration from five to seven years; and (3) use of prior year funds for the Economic Order Quantity (EOQ) purchase in FY 1996. We are seeking approval ahead of the FY 1997 budget cycle (June 1, 1996 requested) in order to execute the MYP proposal. I sincerely believe this is a good news story; one that leverages more than a billion dollars in procurement funding. The C-17 MYP offer on the table is a good one. I believe that the C-17, thanks to the efforts of the Congress, the Department of Defense, the Air Force, and McDonnell Douglas, is proving itself to be worth the commitment.

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Document Details

Document Type
Technical Report
Publication Date
Mar 28, 1996
Accession Number
ADA330849

Entities

Organizations

  • Office Of The Under Secretary Of Defense

Tags

Communities of Interest

  • Air Platforms

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Aircrafts
  • Capital Investments
  • Contractors
  • Contracts
  • Cost Reductions
  • Costs
  • Cycles
  • Department Of Defense
  • Fixed Price Contracts
  • Military Acquisition
  • Money
  • Procurement
  • Production
  • Production Rate
  • Test And Evaluation

Readers

  • Government Contracting/Procurement.
  • Public Financial Management and Budgeting
  • Technical Research and Report Writing.