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Navy/USMC

Young Sees Fixed-Price Contracts For Navy Destroyers Under New Plan

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By Emelie Rutherford The Pentagon's outgoing acquisition czar said he expects most of the DDG-1000 and DDG-51 destroyers the Navy plans to buy under a new setup will have fixed-price contracts, and predicted this type of contracting will increase. Under Secretary of Defense for Acquisition, Technology, and Logistics (AT&L) John Young also praised last Friday the "remarkable work" of industry, the Navy, and the Office of the Secretary of Defense in reaching a "swap" agreement this month for Northrop Grumman…

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