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Business/Financial

UT Narrowly Approves LANL Management Bid

Tuesday, November 28th, 2017

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UT Narrowly Approves LANL Management Bid

The University of Texas’ board of regents narrowly approved a bid Monday on a potentially decade-long contract to manage the Department of Energy’s Los Alamos National Laboratory.The University of Texas’ (UT) board of regents voted 4-3 in favor of the motion, which will pair the university with at least one corporate partner as part of a limited liability corporation, regents said during a webcast meeting Monday evening.“The team we’ve assembled is one that will be able to identify and mitigate…

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 […]