Total DOD active multiyear procurement portfolio dwindling, new potential deals on deck

By Jason Sherman / August 25, 2017 at 2:17 PM
The Pentagon's portfolio of active multiyear procurement contracts is on track to taper from $10.7 billion in fiscal year 2017 -- or more than 8 percent of DOD procurement spending -- to $1.2 billion by FY-19, according to data recently compiled by the Pentagon comptroller for lawmakers. However, there are potential new block-buy deals in the works, including several large Navy deals. According to the Multiyear Procurement Contracts Report for FY-17, which includes data current as of June 27, seven...

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