“Government contracting options: A model and application“∗

This paper models and simulates a government‐contractor principal‐agent weapon system repair model. Insights are derived as to how government repair contracts should be constructed so as to induce optimal contractor behavior. The paper's general conclusion is that the best contracting approach combines a lump‐sum payment that does not vary with the number of units repaired, expensive item cost‐sharing, and a contractor‐provided availability guarantee. Provided there is intercontractor competition, this type of contract performs well even if the government is poorly informed about weapon system break patterns or repair costs.     

ARMING THE REVOLUTIONARY UNITED FRONT

On 7 July 1999, the government of Sierra Leone and the Revolutionary United Front (RUF) signed the Lomé Peace Agreement to end the civil war. A central component of this agreement called for the RUF to disarm. A year later, the RUF leader, Foday Sankoh, was in custody and the future of the peace accord in grave doubt. Far from disarming, all parties have been rearming at an alarming rate, in contravention of a 1997 UN arms embargo and despite a regional moratorium on the production, procurement and sale of small arms and light weapons. The political and security situation remains extremely fragile. This article explores the ease with which small arms and light weapons can be obtained, and questions the efficacy of existing armament and disarmament policies. Given the availability of arms, the weakness of the current government, the relative strength of the RUF, and the fluidity of alliances among the country's armed groups, the likelihood of continued conflict in Sierra Leone is great.     

Investigating the Desirability of Navy Aircraft Service Life Extension Programs

Building on prior work on optimal replacement of aging aircraft, this paper presents three methodologies to evaluate prospective aviation Service Life Extension Programs (SLEPs) and applies these methodologies to US Navy F/A-18E/F data. While considerable uncertainty remains as to the values of key parameters (e.g. the cost of F/A-18E/F SLEPs), the preponderance of the evidence available at this juncture favors undertaking SLEPs on F/A-18E/Fs rather than replacing them with new Joint Strike Fighters.