August 2, 2019 | International, Aerospace, Naval, Land, C4ISR, Security
The Department of Defense (DoD) has released details on major defense acquisition program cost, schedule, and performance changes since the December 2018 reporting period. This information is based on the comprehensive annual Selected Acquisition Reports (SARs) for the first quarter of FY 2019, as updated by the President's Fiscal Year (FY) 2020 budget submitted to Congress on March 11, 2019.
SARs summarize the latest estimates of cost, schedule, and performance status. These reports are prepared annually in conjunction with submission of the President's Budget. Subsequent quarterly exception reports are required only for those programs experiencing unit cost increases of at least 15 percent or schedule delays of at least six months. Quarterly SARs are also submitted for initial reports, final reports, and for programs that are rebaselined at major milestone decisions.
The total program acquisition cost estimates provided in the SARs include research and development, procurement, military construction, and acquisition-related operations and maintenance. These totals reflect actual costs to date as well as future anticipated costs. All estimates are shown in fully inflated then-year dollars.
The prior current estimate of program acquisition costs for programs covered by SARs for the reporting period for December 2017 (83 programs) was $1,917,840 million. The current estimate for December 2018 (87 programs) is $2,018,684 million. Quantity changes account for the majority of the $101,000 million increase (+$51,000 million), in addition to scope changes (+$18,000 million) and revised indices (+$11,500 million). 16 of the 20 programs with quantity changes are either equal to or underrunning their current baseline costs, as well as 60 of the 84* SARs reporting Unit Cost this SAR cycle overall.
To view the full news release and SAR Summary Tables, click here.
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Feb. 9 (UPI) -- Oshkosh Defense recently produced its 10,000th Joint Light Tactical Vehicle -- more than half it's orders for the vehicle -- the company announced Tuesday. Oshkosh officials pointed to the JLTV becoming a central piece of the U.S. military's ground force, as both the Army and Marine Corps plan to adopt the vehicle, as making the milestone significant. Oshkosh Defense has received orders for 18,126 JLTVs for a total contract value of more than $6 billion. "Producing the 10,000th JLTV in under five years is further evidence of our ability to meet the demands of our domestic and international customers," George Mansfield, vice president and general manager of joint programs for Oshkosh Defense, said in a press release. The JLTV was developed by the U.S. Marine Corps and the Army to replace the Marines' aging fleet of Humvees. The vehicle includes variants with multiple mission package configurations, including packages for personnel, heavy guns and close combat weapons. The first contract for JLTVs was awarded in 2015 and the first orders were placed in 2016. In addition to outfitting the United States with JLTVs, Oshkosh has received orders for the vehicles from overseas allies and partners including, Britain, Belgium, Montenegro, Slovenia, Lithuania, Brazil, and North Macedonia. https://www.upi.com/Defense-News/2021/02/09/Oshkosh-announces-production-of-its-10000th-JLTV/4471612895785/