Pentagon To Review Major Programs With Slow Obligation Rates

By Christopher J. Castelli / September 19, 2012 at 6:47 PM
The Defense Department will review major weapons programs with slower-than-normal spending rates to ensure effective acquisition practices while shifting money as needed to meet its top priorities, according to new internal guidance. In a Sept. 10 memo, DOD acquisition chief Frank Kendall and Pentagon Comptroller Robert Hale lay out a new joint approach to address longstanding problems in the way the department manages unobligated funding. The memo is aimed at reconciling Kendall's emphasis on obligating funds in a way that...

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