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Senate panel cites DOD for lack of fiscal transparency on Third Offset

Tony Bertuca | May 23, 2016
The Senate Armed Services Committee remains "wary" of the Pentagon's vaunted "Third Offset" program after repeated attempts to obtain information on the effort -- including a detailed budget breakdown -- proved unsuccessful.

New aviation plan shrinks U.S. military aircraft inventory by 1,407 over next decade

Jason Sherman | May 20, 2016
The Defense Department plans to pare back its total aviation inventory by about 10 percent over the next decade, from 14,516 aircraft in the current fleet to 13,109 aircraft by 2026, according to a new Pentagon report on its long-term aviation plans.

Senate defense policy bill would block GAO protests for task orders

Marjorie Censer | May 23, 2016
The defense policy bill approved by the Senate Armed Services Committee would not allow bid protests for task and delivery orders if the military names an “ombudsman” to review complaints.

Defense Business Alert

KBR to acquire Wyle to boost 'high growth' work

KBR, the engineering and construction company, said Monday it has agreed to acquire Wyle, which provides engineering and professional services to the Pentagon and other federal agencies.

Defense Budget Alert

Senate panel cites DOD for lack of fiscal transparency on Third Offset

The Senate Armed Services Committee remains "wary" of the Pentagon's vaunted "Third Offset" program after repeated attempts to obtain information on the effort -- including a detailed budget breakdown -- proved unsuccessful, according to a report from the committee.