An unmanned U.S. Navy helicopter built by Northrop Grumman Corp and a precision ship-landing system built by Raytheon Co face mandatory reviews that could lead to their cancellation after quantity reductions drove unit costs sharply higher in 2013, the Pentagon announced on Thursday. Senior defense officials said the cost increases were largely due to cuts in the numbers of items to be purchased, but federal law required a careful look at program performance and other factors. The Nunn-McCurdy law requires a mandatory, 60-day live-or-die review if weapons systems see an increase of more than 25 percent in their unit costs.
Pentagon: Two Arms Programs Face Live-or-die Review After Costs Jump
Reuters, The Raw Story
Fri, 04/18/2014 - 3:28am
Topics: u.s navy northrop grumman corp raytheon co the nunn-mccurdy june the defense department s lockheed martin corp s f-35 the navy northrop fire scout bell helicopter textron inc northrop chief executive wes bush raytheon s joint precision approach landing system jpals army air force congress boeing co s u.s e-3 airborne warning control system awacs general dynamics corp s joint tactical radio system jtrs lockheed s f-35 the pentagon u.s f-35 boeing s kc-46a ah-64 apache navy s littoral combat ship image agence france-presse pentagon senior i jpals boeing s face costs jump arms programs live-or-die review due percent report billion unit showed officials increase higher mandatory reductions reviews built survive acquisition increases reduced largely trillion reduction orders aircraft quantities jet fighter effect cancellation hours quantity total law drop estimated schedule expected material systems buying helicopters weapons
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