LRIP
Noun
Meaning
(military) Abbreviation of low rate initial production.
(Canada, taxation) Abbreviation of low rate income pool.
Source: en.wiktionary.orgAnagrams
Examples
Beginning in 2016 with low rate initial production (LRIP) lot 7, the program will introduce a Gen 3 helmet that features an improved night vision camera, new liquid crystal displays, automated alignment and other software enhancements.
As the winner of what could very well be tens of billions of dollars in orders spread out of decades, Oshkosh Defense will start low-rate initial production (LRIP) of 17,000 vehicles in 2016.
Under the terms of this agreement, the USAF has cleared Boeing to begin low-rate initial production (LRIP) for the C-130 AMP.
Later that year, four aircraft were cut from the fifth "Low Rate Initial Production (LRIP)" order because of cost overruns.