House defense bill includes acquisition reform
A $612 billion defense authorization bill passed by the House on May 15 is “an initial step in a long-term effort to inject greater flexibility and accountability into the acquisition system,” according to a House Armed Services Committee summary of the legislation.
The bill’s passage by a 269-151 margin is a signpost in House Armed Services Chairman Mac Thornberry’s quest to reform the process by which the Pentagon spends tens of billions annually on weapons and IT. The Texas Republican had indicated his intent to fold acquisition legislation he introduced in March into the fiscal 2016 defense authorization bill, and he has done just that.
The House defense bill would require every major defense acquisition program to have a strategy that covers risk management and encourages competition throughout the lifecycle of a program.
Read the full article at: http://fcw.com/articles/2015/05/15/defense-auth-tech.aspx?admgarea=TC_Agencies
Source: FCW.com, Article written by Sean Lyngaas, Published May 15, 2015
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