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Business/Financial

Varied Defense Industry Reforms On Table In Congress

Julie Samuel

Wednesday, May 30th, 2012

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Lawmakers are pushing defense-industry reforms intended to both keep contractors in check and help businesses work with the Pentagon. The Senate Armed Services Committee (SASC) is taking a different approach to contracting reforms in the fiscal year 2013 Pentagon policy bill than its House counterparts are, by calling for more limitations on companies than are in the House-passed version of the legislation. The Democrat-led SASC approved a defense authorization bill May 24 with contracting controls including a near-prohibition on using…

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