Search

‘Sooner Is Better’ For Funding To Help DoD Pay Potential Billions In Industry’s COVID Claims, Lord Says

‘Sooner Is Better’ For Funding To Help DoD Pay Potential Billions In Industry’s COVID Claims, Lord Says
Under Secretary of Defense for Acquisition and Sustainment, Ellen M. Lord speaks to members of the press and announces the first Trusted Capital Venture Day during a press briefing at the Pentagon, Washington D.C., Oct. 18, 2019. (DoD photo by U.S. Army Staff Sgt. Nicole Mejia)

The Pentagon’s top acquisition official said Monday “sooner is better” for receiving supplemental funding to help the department pay billions of dollars in potential pandemic-related claims from industry. Acquisition chief Ellen Lord also told reporters Monday the companies across the Pentagon’s defense industrial base have nearly all reopened for business, with the department continuing to assess the three-month impact on programs due to production line closures. “We see an enormous amount of recovery in the defense industrial base. It depends…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…


M1 Support Services LP (Denton, Texas) – $68,822,271

M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…


Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…


Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…