DOD aims to transfer $400M to acquisition workforce development fund

By Jordana Mishory / August 4, 2016 at 11:47 AM
The Pentagon intends to transfer $400 million from the Army's operation and maintenance account to a development fund designed to help boost the Defense Department's acquisition workforce, according to a recent reprogramming action. The July 29 reprogramming signed by Defense Department Comptroller Mike McCord intends to move $400 million to the Defense Acquisition Workforce Development Fund, which was established in 2008 to provide a dedicated source of money to recruit, train and keep acquisition professionals. "This reprogramming action transfers funds...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.