DOD seeks OK to shift $4.4 billion between accounts, speed bulk buy of microprocessors

By Jason Sherman / July 2, 2021 at 9:07 AM
The Pentagon is seeking congressional permission to shift $4.4 billion among budget accounts to launch eight new-start projects, including an immediate down payment on a $2 billion bulk buy of microprocessors -- critical to the Air Force Military GPS User Equipment Program -- before the sole production line shuts down. On June 16, Pentagon Comptroller Mike McCord submitted a 97-page omnibus reprogramming request to Congress to shift funds appropriated in fiscal years 2021, 2020 and 2019 to higher-priority programs in...

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.