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Army

Panetta Open To Making Contractors Share More Costs

Julie Samuel
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Defense secretary nominee Leon Panetta said yesterday he would consider having contractors share in the cost of overbudget weapons, supports current ship-and-aircraft building goals, and is gravely concerned about cybersecurity. Panetta, the current Central Intelligence Agency (CIA) director and President Barack Obama’s pick to succeed Robert Gates as defense secretary, faced friendly interrogators on the Senate Armed Services Committee (SASC) during his confirmation hearing. As expected, Panetta largely reinforced Obama and Gates’ stances on defense spending. Those include Gates’ concern…

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Intertrade Limited, Cedar Rapids, Iowa, has been awarded a maximum $9,272,637 firm-fixed-price contract for F-16 generator controls. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a four-year…

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