DOD outlines 'large lot procurement' plans for key missile systems

By Tony Bertuca / April 11, 2023 at 12:44 PM
The Defense Department has released new details about its plans to use "large lot procurement" to buy several missile systems that are slated for multiyear contracts and have been deemed critical to potentially aiding Taiwan in a possible conflict with China, according to budget documents submitted to Congress. The department, in a briefing on its fiscal year 2024 budget request, states that LLP is a “buy-to-budget” strategy that expands on multiyear procurement authorities granted by Congress to bulk-buy key missile...

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