ACT I Hires William Stranges to Head F-35 Business Financial Mgmt Contract; Michael Niggel Comments

William Stranges

William Stranges, former head of the F-35 Joint Program Office concurrency cost team, has joined Advanced Concepts and Technologies International as program manager for the company’s F-35 contract.

ACT I said Stranges will lead its business financial management contract with the F-35 JPO under his new role.

“Mr. Stranges has over 30 years of experience as a U.S. Navy civilian as a senior cost and financial manager, in which he oversaw and developed cost estimates and budgets for major defense acquisition programs including ship, aircraft, and missile systems,” said ACT I CEO Michael Niggel.

Michael Niggel

Niggel added that the company’s F-35 BFM contract covers cost estimations, earned value management, integrated master scheduling, budgeting, auditing, financial management and foreign military sales support services.

In his previous role, Stranges supported the F-35 JPO’s efforts to track costs associated with changes resulting from identified deficiencies in the program as well as analyze metrics related to system design and development, production and sustainment.

He has worked as a senior analyst for the director of air warfare under the chief of naval operations and as a senior cost analyst at The Patuxent Partnership assigned to the F-35 JPO.

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