Lawmaker targets defense company mergers and acquisitions

By Tony Bertuca / May 28, 2024 at 5:30 AM
Rep. Chris Deluzio (D-PA) successfully included an amendment in the House Armed Services Committee's version of the fiscal year 2025 defense authorization bill that would require the Pentagon to provide lawmakers a report outlining its goals to increase oversight of defense company mergers and acquisitions, though he tried to do more. Deluzio, during the committee’s marathon mark-up session on May 22, offered and withdrew an amendment that would have given the defense secretary the ability to review -- and possibly...

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