CBO Sees Big Savings From Ship, Helo Multiyear Buys Suggested By House

By Thomas Duffy / May 22, 2000 at 5:00 AM
A plan suggested by the House and Senate that allows the Army to enter into multiyear contracts for two helicopters and an armored fighting vehicle will reap nearly $200 million in savings for the service, according to a May 12 estimate by the Congressional Budget Office. In its fiscal year 2001 defense authorization bill, the House Armed Services Committee said the Army should negotiate multiyear contracts for Blackhawk and Knighthawk helicopters and the Bradley fighting vehicle, and suggested the Navy...

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