Pentagon Acquisition Shop Slashes $10 Billion Across FYDP

By Carlo Muñoz / October 30, 2008 at 5:00 AM
The Pentagon's acquisition shop has slashed nearly $10 billion from the Defense Department 's acquisition portfolio across the future years defense plan, Pentagon acquisition chief John Young said today. "I set a goal to save 15 billion real dollars -- not cost avoidance or cost savings -- from [fiscal year] 10 to 15, that's a pretty high goal," Young said during a briefing at the Pentagon today. In the end, DOD acquisition officials were able to trim $10 billion "that...

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