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Budget

DLA Overpays Boeing Nearly $14 Million, Should Get Money Back, DoD IG Says

Wednesday, October 2nd, 2013

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The Defense Logistics Agency (DLA) overpaid Boeing [BA] nearly $13.7 million for sole-source spare parts and should implement options to get that money back, the Defense Department inspector general (DoD IG) said in a report released Monday. DoD IG performed an audit on two contracts awarded to Boeing to determine whether DLA obtained best value and purchased sole-source spare parts at fair and reasonable prices. DoD IG specifically reviewed costs for 60 spare parts on 2,659 delivery orders, valued at…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]