Aerospace Group:

Pentagon

Pentagon Urges Prime Contractors To Continue Pushing Cash Flow To Vulnerable Partners In Supply Chain

By Matthew Beinart

Thursday, April 30th, 2020

SHARE:

Pentagon Urges Prime Contractors To Continue Pushing Cash Flow To Vulnerable Partners In Supply Chain

Ellen Lord, the Pentagon's top acquisition official, hold a press briefing on April 30, 2020

The Pentagon is seeing a greater number of industry partners open back up for business since the start of the pandemic, with the department urging prime contractors to continue efforts to push payments down to smaller, more vulnerable companies in their supply chain. Ellen Lord, DoD’s top acquisition official, told reporters Thursday the department is utilizing its $3 billion progress payment plan to assist prime contractors in accelerating payments to distressed companies, with $1.2 billion already processed and the remaining…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]