Defense

April 18, 2014

Smarter spending for Air Force acquisitions

Tags:
SSgt. Torri Ingalsbe
Washington, D.C.

Maj. Gen. Wendy Masiello briefs attendees April 16, 2014, on how today’s budget environment is driving change for both government and industry as part of the Air Force Association breakfast series in Arlington, Va. She said there have been great examples recently in better buying power practices, especially in the reduction of overhead costs and “cleaning up” the proposal processes. Masiello is the deputy assistant secretary for contracting.

Finding efficiencies within the acquisition process was the top talking point for Maj. Gen. Wendy Masiello, deputy assistant secretary for contracting, when she spoke with members of the Air Force Association and the media during the AFAs monthly breakfast April 16, 2014,†in Arlington, Va.

Our industry partners have been hearing that we are struggling budget-wise, Masiello said. The dollars are going down, and we need to work together to reduce the cost of the programs in the future so we can continue to afford the programs we already have in place.

She said there have been great examples recently in better buying power practices, especially in the reduction of overhead costs and cleaning up the proposal processes.

If there is one thing that can help us shrink our acquisition timeline, its to get those proposals right in the beginning, she explained.

Masiello noted challenges and opportunities to find savings still exist within the acquisition arena, particularly the supply chain management portion.

There may be additional opportunities to find improvements in costs, and make sure that (the prime contractors) are truly getting the quality of work at the price we should be paying for that work from some of their suppliers, she said.

Masiello briefed the audience on the top five priorities of the assistant secretary of the Air Force for acquisition as a way ahead for more responsible and efficient spending, to include: staying focused on the high priority programs and keeping them on track; improving relationships and transparency with partners and stakeholders to include Congress and industry; owning the technical baseline for important programs; focusing on the better buying practices that will have the biggest payoff; and focusing on what technology means in building the Air Force for 2023 and beyond
Masiello said these are the key things Air Force acquisition experts are targeting to save dollars and continue efficient operations under more constrained budgets.

Its our job to be responsible (to the tax payers) in managing those taxes and where we spend our money in the long run, Masiello said.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines October 24, 2014

News: U.S., South Korea delay transfer of wartime control - The U.S. and South Korea have delayed transferring wartime operational control of allied forces by taking on a “conditions-based approach” and scrapping the previously set deadline of 2015.   Business: Exclusive: Lockheed, Pentagon reach $4 billion deal for more F-35 jets - Lockheed Martin and U.S. defense...
 
 

News Briefs October 24, 2014

French moving troops toward Libyan border A top French military official says the country is moving troops toward the Libyan border within weeks and, along with U.S. intelligence, is monitoring al Qaeda arms shipments to Africa’s Sahel region. A French base will go up within weeks in a desert outpost just a hundred kilometers (60...
 
 
Navy photograph

Navy to commission submarine North Dakota

Navy photograph The PCU North Dakota (SSN 784) during bravo sea trials. The crew performed exceptionally well on both alpha and bravo sea trials. The submarine North Dakota is the 11th ship of the Virginia class, the first U.S....
 

 

Boeing announces SF Airlines order for Boeing converted freighters

Boeing announced Oct. 23 that SF Airlines has placed an order for an undisclosed number of 767-300ER passenger-to-freighter conversions (Boeing Converted Freighters). SF Airlines, a subsidiary of Shenzhen, China-based delivery services company SF Express, will accept its first redelivered 767 in the second half of 2015. “SF Express aims to become China’s most respected and...
 
 
LM-C130

Another Super Herc Little Rock Rollin’

  Lockheed Martin delivered another C-130J Super Hercules to the 61st Airlift Squadron at Little Rock Air Force Base, Ark., Oct. 23. Little Rock AFB’s new C-130J was ferried from the Lockheed Martin Aeronautics facility ...
 
 

United Technologies beats third quarter profit expectations

United Technologies Corp. Oct. 23 reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. The Hartford, Conn.,-based company said it had profit of $2.04 per share and earnings, adjusted for non-recurring gains, came to $1.82 per share. The results topped Wall Street expectations,...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>