Acquisition Initiatives in the New Environment: Multi-year Procurement Update
Abstract
This document is an annotated briefing about the use of multi-year procurement (MYP) as a means of acquiring weapon systems. Historically, MYP has been an effective way to reduce cost growth in acquisition programs. We studied the results of recent cases of MYP, among them the CH-47 cargo helicopter, UH-60L utility helicopter, and the Family of Medium Tactical Vehicles (FMTV). We concluded that although MYP has not been widely used, it is worthy of consideration for use with mature systems, rather than with major new systems.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 1998
- Accession Number
- ADA361142
Entities
People
- Daria C. Rendon
- David E. Hunter
- Karen W. Tyson
Organizations
- Institute for Defense Analyses