Savings, benefits projected for FY-24 plan to bulk-buy naval strike missiles

By Linda Hersey / April 11, 2023 at 2:52 PM
The Defense Department's first-of-its-kind plan to bulk-buy 516 Naval Strike Missiles (NSM) in fiscal year 2024 under a five-year contract would save $153.6 million and bring greater stability to the industrial base, according to the DOD comptroller's office . With the Naval Strike Missile program fully funded across the future years defense program, the Navy said it has a “high degree of confidence” in the projected savings estimate offered in the FY-24 defense budget, which was described as “cost avoidance.”...

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