Modly announces Navy program review seeking $40B in savings

By Justin Katz / February 19, 2020 at 9:58 AM
Acting Navy Secretary Thomas Modly yesterday announced the service will conduct a "Stem-to-Stern Review" of the Navy's programs with the goal of finding $40 billion in savings. "The S2S will apply a strategic lens to the DON program, with a fiscal goal of generating $40 billion in savings (average $8 billion/year) across the FY 2022-2026 Future Years Defense Program," according to a Feb. 18 memo signed by Modly and published yesterday . The review mimics the Army's "Night Court" effort...

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