DOD to seek at least $650M in FY-18 for new F-35 bulk parts purchase initiative

By Jason Sherman / April 25, 2017 at 5:45 PM
The Pentagon plans to seek more than $650 million in fiscal year 2018 to finance bulk purchase of parts for F-35 Joint Strike Fighter production, an initiative congressional auditors say may be premature but which the Defense Department says will produce future savings in tandem with a potential multiyear block-buy package from foreign governments. Acting Pentagon acquisition executive James MacStravic, in an April 11 response to the Government Accountability Office's annual audit of the F-35 program, previewed a key element...

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