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Navy Looks To Establish Private Sector Consortium To Manage Maritime Industrial Base Investments

Rich Abott By
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Navy Looks To Establish Private Sector Consortium To Manage Maritime Industrial Base Investments
Logo for the Naval Sea Systems Command's Maritime Industrial Base (MIB) Program office. (Image: U.S. Navy)

The Navy is starting market research to find sources that can support the establishment and management of a “Consortium or Consortia” of the Maritime Industrial Base (MIB) and execute billions of dollars in investments towards the MIB, according to a Monday Request For Information notice. The notice said any qualified and responsible sources capable of performing the work would both manage the consortium and execute “multi-billion dollar projects under Other Transaction (OT) authority. The overarching goal is to accelerate investment…

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