Geurts: Window to pursue innovative acquisition strategies is 'closing'

July 25, 2019 at 5:00 AM
The opportunity for the Defense Department to pursue non-traditional acquisition strategies such as other transaction authorities is "closing," according to the Navy's assistant secretary for research, development and acquisition. Speaking at a Strategic Institute event in Arlington, VA, yesterday about OTAs, Hondo Geurts said the Pentagon has been "slow to capitalize" on this opening to pursue these buying approaches. "I think we've got some acquisition executives . . . who are comfortable moving out in this direction," Geurts said, referring...

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