Georgia Tech Procurement Assistance Center

  • Home
  • About Us
  • Training
    • Class Registration
    • On-demand Training
    • GTPAC COVID-19 Resource Page
    • Cybersecurity
    • Veterans Verification Video
    • GTPAC Community
    • Other Training Audio & Video
  • Useful Links
  • Team Directory
    • Albany Counselor
    • Atlanta Counselors
    • Augusta Counselor
    • Carrollton Counselor
    • Columbus Counselor
    • Gainesville Counselor
    • Savannah Counselor
    • Warner Robins Counselor
  • Directions
    • Atlanta – Training Facility
    • Atlanta – Office
    • Albany
    • Augusta
    • Carrollton
    • Columbus
    • Gainesville
    • Savannah
    • Warner Robins
  • COVID-19
  • New Client Application
  • Contact Us

House panel kicks off Pentagon acquisition reform drive

November 7, 2013 By ei2admin

The House Armed Services Committee last week kicked off a fresh drive to fix the way the Pentagon buys weapons and services, vowing to “look past Band-Aid fixes and parochial interests” and implement meaningful reforms.

The committee’s chairman, U.S. Representative Buck McKeon, said some successful efforts were already under way, but the U.S. military acquisition system still faced significant challenges including cost overruns and schedule delays, and those would get worse due to mounting pressure on U.S. budgets.

“The Congress, together with the Department of Defense and industry, must be willing to do the hard work to find root causes, look past Band-Aid fixes and parochial interests, and have the courage to implement meaningful, lasting reform,” McKeon said at the start of a hearing on the issue.

McKeon said he had asked Representative Mac Thornberry, a Texas Republican, to lead the long-term effort, aided by Representative Adam Smith, the top Democrat on the committee.

The latest Government Accountability Office report calculates that the Pentagon is slated to spend $1.5 trillion to acquire 85 separate weapons programs in coming years. Those programs are projected to experience $411 billion in cost growth and average scheduled delays of 27 months, the GAO estimates.

Paul Francis, managing director of acquisition and sourcing management for the GAO, told the committee that previous reform efforts had started to slow cost growth, but 39 percent of the weapons programs on the books in fiscal 2012 had experienced cost growth of 25 percent or more.

Keep reading this article at: http://www.reuters.com/article/2013/10/29/us-pentagon-weapons-congress-idUSBRE99S16E20131029

Filed Under: Contracting News Tagged With: accountability, acquisition workforce, cost overrun, delays, DoD, FAR, GAO

Recent Posts

  • Georgia Tech creates new Office of Corporate Engagement
  • Federal contractor indicted for stealing over $1.2 million from the U.S. Postal Service
  • SBA hosting “Contract Bonds and Surety Bond Guarantee” webinar April 20th
  • GSA hosting “Getting on the GSA Schedule” webinar April 13th
  • NIH hosting 2021 small business program conference April 26-30th

Popular Topics

8(a) abuse Army bid protest budget budget cuts certification construction contract awards contracting opportunities cybersecurity DoD DOJ False Claims Act FAR federal contracting federal contracts fraud GAO Georgia Tech government contracting government contract training government trends GSA GSA Schedule GTPAC HUBZone innovation IT Justice Dept. marketing NDAA OMB SBA SDVOSB set-aside small business small business goals spending subcontracting technology VA veteran owned business VOSB wosb

Contracting News

Federal contractor indicted for stealing over $1.2 million from the U.S. Postal Service

CMMC announces new advisory council to collect industry feedback

EEOC announces April 26 opening date for the collection of 2019 and 2020 EEO-1 component 1 data

Contractors line up to rebuild MARTA’s Five Points Station

GDOT announces $828.8 million in projects to transform Ga. 316

Read More

Contracting Tips

A whole new marketplace: GSA’s “commercial platforms” initiative

CRS Reports: Mentor-Protégé programs and small business size standards

CRS Report: Small businesses and COVID-19, relief and assistance resources

How do I find out what the government is buying?

Past performance isn’t always a required evaluation factor, says GAO

Read More

GTPAC News

SBA hosting “Contract Bonds and Surety Bond Guarantee” webinar April 20th

GSA hosting “Getting on the GSA Schedule” webinar April 13th

NIH hosting 2021 small business program conference April 26-30th

Defense Counterintelligence and Security Agency hosting industry day and matchmaking May 6th and 20th

Missile Defense Agency hosting virtual conference May 11-13th

Read More

Georgia Tech News

Georgia Tech creates new Office of Corporate Engagement

Delta Jacket wins 2021 Georgia Tech InVenture prize

Future of 5G is under the microscope at Georgia incubator

Collective worm and robot “blobs” protect individuals, swarm together

The Partnership for Inclusive Innovation is now accepting applications for pilot programs

Read More

  • SAM.gov registration is free, and help with SAM is free, too
APTAC RSS Twitter GTPAC - 30th Year of Service

Copyright © 2021 · Georgia Tech - Enterprise Innovation Institute