Aerospace Group:

Business/Financial

Pentagon Sees ‘Sea Change’ In Use of Award-Fee Contracts

DDN

Friday, August 7th, 2009

SHARE:

By Emelie Rutherford The Pentagon is "trending away" from using cost-plus-award-fee contracts as it continues to refine its policies and procedures regarding fees paid to contractors, a senior defense official said. Shay Assad, the director of defense procurement and acquisition policy, told a Senate panel this week there has been a "sea change" in the way the Pentagon uses award-fee contracts. It has implemented statutory changes enacted in recent years by Congress, including a ban on paying award fees following…

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]