Search

Navy Under Secretary Argues Focus On Acquisition Cost Usually Counterproductive; Explains Reform Moves

Navy Under Secretary Argues Focus On Acquisition Cost Usually Counterproductive; Explains Reform Moves
Bill Toti was named Performing the Duties of the Under Secretary of the Navy on May 1. (Photo: U.S. Navy)

The official performing the duties of Under Secretary of the Navy​ this month argued that the Navy’s “zealous pursuit of cost is almost always counterproductive, where our zealous pursuit of cost actually results in an increase in cost,” he said in an interview that also touched on how the Defense Department aims to improve acquisition and why Direct Reporting Program Managers (DRPMs) were created by the Pentagon. Bill Toti said his experience in both the Navy and defense industry has…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]


Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]


Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]


CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]