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Business/Financial

Navy’s Decision To Sole-Source Aegis Work Was ‘Unobjectionable,’ GAO Says

DDN

Monday, January 12th, 2009

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By Geoff Fein The Navy's decision to award several sole-source contracts to Lockheed Martin [LMT] for Aegis combat system work were unobjectionable given that the service determined that an award to Raytheon [RTN] would result in schedule delays, according to the Government Accountability Office (GAO). The GAO's published decision was made available Friday. The agency issued its decision denying Raytheon's protests on Dec. 22 (Defense Daily, Dec. 27). In September, the Navy issued justification and approval documents that concluded awarding…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]