Thursday, April 25, 2024
Thursday, April 25, 2024
A Pentagon inspector general's probe into TransDigm Group's defense contracting business practices is one of the highlights of this Tuesday INSIDER Daily Digest.
The Defense Department's inspector general is complying with a congressional request to look into TransDigm Group's business practices with the Pentagon:
DOD IG to audit TransDigm's business model
The Pentagon inspector general announced it will start an audit this month to determine whether TransDigm Group's "business model affects the DOD's ability to pay fair and reasonable prices for spare parts."
Document: DOD IG memo on audit of TransDigm's business model
Here is our latest from the Pentagon's most recent omnibus reprogramming request:
DOD eyes Israeli-made loitering anti-tank munition for Special Ops
The Defense Department is eyeing an Israeli-made, tank-killing, loitering munition called the Hero-120 for U.S. Special Operations Command, seeking permission from Congress to shift $6.9 million between accounts in order to immediately procure an undisclosed number of the unmanned flying warheads.
More on the omnibus from our reporting yesterday, in case you missed it:
DOD seeks to reprogram $2.8 billion, boost new 'hit-to-kill' artillery and light-attack aircraft
The Pentagon is seeking congressional permission to shift $2.8 billion between budget accounts as part of an annual reallocation of funds the U.S. military has in hand, a move that seeks to launch a new hit-to-kill Army artillery round, kick start the Air Force's O/A-X light-attack aircraft program and inject additional funds into a project to develop a road-mobile hypersonic strike weapon.
Army seeking to reprogram $34M in FY-19 funding for squad rifle, network
The Army is seeking to reprogram $34.2 million in fiscal year 2019 research, development, testing and evaluation funding for two key modernization projects, the Next Generation Squad Weapon-Automatic Rifle and the integrated tactical network.
DOD seeks $505 million boost to Air Force, transportation working capital funds
The Defense Department is requesting authority from Congress to shift more than $500 million into the Air Force Working Capital Fund and the Transportation Working Capital Fund to handle an increase in readiness needs and a growing demand for airlift support.
DOD looks to cut ICBM development program funding, procure testing assets
The Defense Department is seeking congressional approval to reduce $53 million in funding from the Air Force's intercontinental ballistic missile development efforts and add $33 million to purchase operational testing equipment for the programs.
Navy focuses on $280M in ship maintenance in annual reprogramming request
The Navy is seeking congressional permission to shift $280 million to fund maintenance availabilities for two destroyers and an amphibious ship, according to the Defense Department's annual omnibus reprogramming request.