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U.K. MoD Says Lack of Competition Dooms Defense Procurement Privatization

The U.K. Ministry of Defense has dropped plans to have defense acquisition delivered by a government owned-contractor operated (GOCO) entity because the effort was non-competitive--there was only one bidder. From an initial flurry of interest and a high of three bidding teams, only one, led by San Francisco, Calif.- based Bechtel [BEK]--Materiel Acquisition Partners--remained in the bidding. Thus, Secretary of State for Defense Phillip Hammond told Parliament, “I have therefore concluded that the risks of proceeding with a single bidder…

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Congress Updates

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 […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]


HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]


House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]