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

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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