Key Navy missile programs target bulk buys

By Linda Hersey / March 23, 2023 at 3:41 PM
The Navy plans to pilot a "large-lot" purchase program for four critical missile systems -- the Standard Missile-6, Advanced Medium Range Air-to-Air Missile, Long Range Anti-Ship Missile and Joint Air-to-Surface Standoff Missile. The project, which totals $15.1 billion, injects the Defense Department’s large-lot procurement concept into the Navy’s multiyear acquisition program, which is expected to decrease costs per unit, according to the Pentagon's fiscal year 2024 program acquisition cost by weapon system report . The FY-24 funding requests represent the...

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