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Business/Financial

Pentagon Awards Four Firms $2.6 Billion For 3,126 MRAPs

DDN

Wednesday, December 19th, 2007

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The Pentagon yesterday awarded more than $2.6 billion to four companies for an additional 3,126 Mine Resistant Ambush Protected (MRAP) vehicles to be manufactured and completed by end of July 2008. International Military and Government LLC (IMG), was the big winner, capturing $1.183 billion firm-fixed-priced delivery order to purchase an additional 1,500 Category I (CAT I) MRAP Low Rate Initial Production (LRIP) vehicles. The largest single delivery order to date has been issued to International Military and Government LLC for…

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 […]