NOAA has reported that it has found $735 million in savings in the Polar Follow-on (PFO) weather satellite program.
In a letter to Senate Appropriations Committee Chairman Richard Shelby (R-Ala.), NOAA Acting Administrator Neil Jacobs said the program life cycle cost (LCC) has been reduced from $7.57 billion to $6.84 billion for fiscal years 2016 through 2038.
“The PFO Program has performed exceptionally well and the new LCC has sufficient cost and schedule margin to mitigate risk due to the improved posture,” Jacobs wrote.(more…)
- Parabolic Arc
- June 22, 2020