Search

Cost Escalation of U-2 Repairs One of 21 Depot Maintenance Contracts of Concern for DoD IG

Cost Escalation of U-2 Repairs One of 21 Depot Maintenance Contracts of Concern for DoD IG
A U.S. Air Force U-2 Dragon Lady pilot sits in the cockpit of the aircraft on Sept. 29, 2021 at Beale AFB, Calif. (Air Force Photo)

A potentially $2.6 billion contract awarded on Apr. 1, 2019 to Lockheed Martin [LMT] for sustaining the U-2 reconnaissance aircraft is one of 21 depot maintenance contracts of concern for the Pentagon Inspector General (IG). "DoD contracting officials may not have negotiated fair and reasonable prices for 21 of 34 sole‑source and single‑source depot maintenance contracts in our sample, valued at $4.6 billion, as required by the FAR [Federal Acquisition Regulations]," the DoD IG said in a new report. For…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]


Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]


Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]


CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]