Search

Ayotte Pitches Plan to Restore Military Retirees’ Pensions Without Cutting From Defense

Ayotte Pitches Plan to Restore Military Retirees’ Pensions Without Cutting From Defense
Sen. Kelly Ayotte (R-N.H.), member of the Senate Armed Services Committee

Senate Armed Services Committee member Kelly Ayotte (R-N.H.) pitched a plan Wednesday to overturn cuts to military retirees’ pensions without dipping into any other accounts in the defense budget. Ayotte filed her plan on Tuesday to undo the cuts in the Bipartisan Budget Agreement passed in December that reduces sequestration by creating savings elsewhere, including trimming cost-of-living adjustments in pensions by subtracting a percentage point from the inflation rate allowance. Though that figure may seem small, senators opposed to the…

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.

Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…


M1 Support Services LP (Denton, Texas) – $68,822,271

M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…


Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…


Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…