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Budget

Pentagon Contract Financing Study Delayed as 2020 Budget Talks Stymied

By Vivienne Machi

Monday, December 2nd, 2019

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Pentagon Contract Financing Study Delayed as 2020 Budget Talks Stymied

Aerial of the Pentagon, the Department of Defense headquarters in Arlington, Virginia, near Washington DC, with I-395 freeway on the left, and the Air Force Memorial up middle.

A Defense Department study to determine an improved rule for contract financing is on hold until the fiscal year 2020 defense budget negotiations have been completed, a senior acquisition official at the Pentagon said Dec. 2. The department hopes to soon begin the congressionally directed study and have an approved rule within one year, Assistant Secretary of Defense for Acquisition Kevin Fahey said during a Monday media roundtable at the Pentagon. “We haven’t kicked it off because it’s a budget…

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