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You are here: Home / Government Contracting News / Navy sharpens acquisition pencil to find savings

July 25, 2012 By AMK

Navy sharpens acquisition pencil to find savings

The Department of the Navy’s fiscal year 2013 budget request was $1.4 billion less than in 2012. The service, like other Defense Department organizations, expects next year to be the beginning of a steady budget decline.

To help counteract that expected budget decrease, the Navy is sharpening its acquisition pencil to find both efficiencies in how and what it buys.

This is especially true in services, where the DoN spends about $11 billion annually.

Elliot Branch, the Navy’s deputy assistant secretary for Acquisition and Procurement in the Office of Research, Development and Acquisition, said the service is focusing on four key procurement areas:

  • Demand management
  • Acquisition strategy
  • Contract formation
  • Contract administration

Keep reading this article at: http://www.federalnewsradio.com/?nid=494&sid=2949264.

Filed Under: Government Contracting News Tagged With: acquisition strategy, acquisition workforce, budget cuts, contract administration, contract formation, contractor performance, demand management, DHS, DoD, Navy, SEWP, strategic sourcing

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