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Business/Financial

New Defense Law Aims To Grow Defense Industrial Base

DDN

Tuesday, January 11th, 2011

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By Emelie Rutherford The policy-setting defense authorization law President Barack Obama signed late last Friday calls for the Pentagon to work to expand the defense-industrial base and consider securing the rights to more weapon systems' designs. The newly approved fiscal year 2011 authorization act includes these and other Pentagon-acquisition reforms, because the Implementing Management for Performance and Related Reforms to Obtain Value in Every (IMPROVE) Acquisition Act of 2010 was attached to it. Members of the House Armed Services Committee…

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