multiyear deal

Congress

Cutting OCO May Be Solution For NDAA: Kendall

WASHINGTON: If the National Defense Authorization Act really is vetoed by President Obama, the Pentagon’s top acquisition official thinks slicing out the Overseas Contingency Funding and leaving the rest of the bills as is might work. Frank Kendall, undersecretary for acquisition, technology and logistics, also said that another Continuing Resolution in December covering the all […]

Congress

SASC & HASC Acquisition Reform Bills Move Ahead

CAPITOL HILL: Two chairmen, two very different personalities, two different approaches to one goal: fixing Pentagon procurement. Now their bills are heading towards what may be a happy marriage or an ugly collision. On the south side of Capitol Hill today, House Armed Services chairman Mac Thornberry is shepherding his committee’s version of the 2016 […]

Air Warfare

F-35 Prices Drop 8 Percent In $7 Billion Deal

WASHINGTON: The Pentagon and F-35 maker Lockheed Martin have agreed on the terms of a deal for the Defense Department to buy two lots of F-35s for $7 billion. The big question now is the average price per plane for each tranche (LRIP 6 and 7). While we’ve confirmed with two sources that the deal […]

presented by