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Accession Number:
ADA330849
Title:
Before the Subcommittee on Seapower of the Senate Committee on Armed Services on C-17 Multi-Year Procurement Request
Descriptive Note:
Corporate Author:
OFFICE OF THE UNDER SECRETARY OF DEFENSE (ACQUISITION AND TECHNOLOGY) WASHINGTON DC
Report Date:
1996-03-28
Pagination or Media Count:
9.0
Abstract:
The Department is requesting legislative approval for 1 a multi-year procurement contract 2 a waiver of section 2306b1, 10 USC to extend the multi-year procurement duration from five to seven years and 3 use of prior year funds for the Economic Order Quantity EOQ purchase in FY 1996. We are seeking approval ahead of the FY 1997 budget cycle June 1, 1996 requested in order to execute the MYP proposal. I sincerely believe this is a good news story one that leverages more than a billion dollars in procurement funding. The C-17 MYP offer on the table is a good one. I believe that the C-17, thanks to the efforts of the Congress, the Department of Defense, the Air Force, and McDonnell Douglas, is proving itself to be worth the commitment.
Distribution Statement:
APPROVED FOR PUBLIC RELEASE