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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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 […]
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