Posted by Modeling the Life Cycle Cost of Protecting US Commercial Aircraft
Models Track
Downloadable Files:
MOD-5 Hoy Paper Protecting Commercial Aircraft
Abstract:
In support of the Department of Homeland Security (DHS) Counter-MANPADS program, Summit Engineering Group designed and constructed a detailed Life Cycle Cost (LCC) model to address various potential deployment alternatives. Summit Engineering Group leveraged the detailed cost groundrules and assumptions document it created, data from various DHS contractors, and other related data in constructing the comprehensive, releasable LCC model. This presentation provides the structure of the LCC model, rationale for it, and lessons learned in addressing US commercial aircraft costs.
Author(s):
Kirk Hoy
Mr. Hoy has over twenty-two years of professional hands-on experience in conducting and managing projects associated with analyzing and estimating the cost implications of developing, procuring, operating, fielding, maintaining and disposing of primarily advanced technology systems. Included are entire systems or selected subsystems of Aircraft, Unmanned Aerial Vehicles (UAVs), Missiles, Ships, Submarines, Unmanned Underwater Vehicles (UUVs), Electronics [for example, Radar, EW, EO/IR, ECM, sonar, and Command, Control, Communication, Computer, Intelligence, Surveillance, and Reconnaissance (C4ISR) elements], Satellites, and Ground/Surface Support Equipment and Facilities. Mr. Hoy remains a key analyst in developing Life Cycle Cost estimates, cost proposal analysis, and source selection support teams.
Kirk has an MS in Systems Engineering from the Virginia Polytechnic and State University (Va Tech) as well as a BS in Industrial Engineering and BA in Economics from Lehigh University. He spent the past ten years as the owner and principal analyst of Summit Engineering Group and previously worked for MCR, US Navy, and TASC. He is a CCA/CE with SCEA and affiliated with AIAA, ASNE, SNAME, INFORMS, INCOSE, AUVSI, NDIA, AOC, Air Force Association,
Army Association, Navy League, and Transportation Research Board (on the Aviation Economics and Forecasting Committee). In addition, Kirk (with Dr. Hudak) won Best Paper in Industry, Quantifying Schedule/Technical Risk, Annual DoD Cost Analysis Symposium (1994)
In addition to his professional pursuits, Kirk spends considerable time with his wife and two kids as well as volunteering as Sunday school teacher, building committee member, soccer coach and supporting those running for political office. He is an avid beach bum, tehnology-phile and enjoys crossword puzzles, Sudoku and reading.
Kurt Willstatter
Mr. Willstatter has over twenty three years of operational and professional hands- on experience in using and integrating C4I systems and modeling/assessing their capabilities. He has fourteen years of experience conducting and managing projects associated with designing, analyzing and evaluating the requirements and capabilities of advanced technology systems. These include entire systems or selected subsystems of Aircraft, Unmanned Aerial Vehicles (UAVs), Missiles, Ships, Submarines, Electronics [for example, Radar, EW, EO/IR, ECM, sonar, and Command, Control, Communication, Computer, Intelligence, Surveillance, and Reconnaissance (C4ISR) elements], Satellites, and Ground/Surface Support Equipment and Facilities. For the last five years, Mr. Willstatter has been a key player in developing Life Cycle Cost estimates, cost proposal analysis, and source selection support teams.
Kurt has an MS in Operations Research from the Naval Postgraduate School and a BA in Biology from Texas A&M University. He spent ten years on active duty with the Navy as a surface warfare officer and eleven years as a naval reservist before retiring at the rank of Commander. He is a CCA/CE and has been involved with both SCEA and the Military Operations Research Society (MORS).
In addition to his professional pursuits, Kurt spends considerable time volunteering with a high school crew club which both of his sons have participated in and refereeing swim meets in the summer. His true passion however, is downhill skiing and if he can’t be reached after a snow storm hits the mid-Atlantic, it is a sure bet he’s on the slopes.