In acquisition decision memo . . .

Pentagon Resets F-35 Program With New 'Affordability' Targets

/ March 29, 2012 at 10:43 PM
The Pentagon's acting acquisition executive has formally reset the Joint Strike Fighter program's acquisition baseline, capping a 20-month effort by senior leaders to recalibrate estimated cost, schedule and performance and establishing new "affordability" targets that must be hit by 2019. Frank Kendall, the administration's pick to be the Defense Department's acquisition executive, on March 28 signed a three-page acquisition decision memorandum that takes the unorthodox step of adopting cost estimates from two different DOD camps, including new "affordability" targets that...

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