Navy Sharpens Acquisition Pencil to Find Savings

July 19, 2012

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. 

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