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ADDING USEFUL LIFE
Soldiers from 1st Battalion, 64th Armor Regiment “Desert Rogues,” 2nd Armored Brigade Combat Team (ABCT), 3rd Infantry Division maneuver their M2A3 Bradley Infantry Fighting Vehicle June 9, 2014, during a training event at Camp Shelby, MS. LIRA, by providing a long-term affordability review of the capabilities and the life cycle of a vehicle, enabled the Army to make an informed decision to upgrade and extend the life of the Bradley instead of replacing it in the short term. (Photo by SSG Richard Wrigley, 2nd ABCT)
“WE ARE TAKING HUGE BUDGET REDUCTIONS IN A VERY UNCERTAIN WORLD, SO THE QUESTION IS, IN
WHICH TIME FRAME DO WE PARK THE RISK?”
forward. Te G-8 Program Analysis and Evaluation (PA&E) Directorate exercises overall responsibility for developing the entire Army’s investment strategy in sup- port of the POM and the Future Years Defense Program.
BALANCING PORTFOLIOS
“LIRA, or some form of LIRA, is an enduring process that allows you to look at and balance a portfolio of portfolios, while viewing the big picture in a con- cise manner,” said BG John G. Ferrari, PA&E director. “It’s also enormously valuable as an education tool, since we have a 30-40 percent (Army) staff turn- over each year.”
Because LIRA participants need to make sure their data points track the intent of the Army chief of staff, “LIRA makes sure that everyone who starts the programming phase of the planning, pro- gramming, budget and execution process has done the requisite analytics. LIRA provides predictability and consistency across the portfolios, and we can see what the Army is trying to achieve over time and eliminate any unfunded require- ments,” Ferrari said. “While 30 years is a long period, it lets you get beyond the next five years, and you can see the best way to allocate your S&T dollars. S&T won’t yield results for about 15 years, and then it takes another 10 to 15 years to get
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