1. Examine the issues that have plagued major acquisitions and how to overcome them. 2. Estimate risk for various sourcing options, mitigating risks and estimating probability of success for a sourcing strategy. 3. Develop and communicate a comprehensive sourcing strategy. 4. Direct a long-term, major acquisition program to meet aggressive goals. 5. Understand the processes, structure, and metrics needed to ensure success. 6. Learn strategic sourcing principles, processes, structure, and metrics for major acquisitions based on industry best practices and recent lessons learned. 7. Learn what tool are available to reduce costs and improve production time: 1-5-8 labor rule, value stream analysis, LEAN/Six Sigma, and best value analysis of design and production process improvements. 8. Appreciate the importance and mechanics of teaming with the shipbuilders and other stakeholders to get their commitment to cost reduction initiatives.