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1:56 PM EDT 5/26/2010
Canceled "Future Combat System" Springs to Life With a New Name -- But the Same Old ContractorsThe Army has begun the process of buying a new armored troop transport. The last attempt the Future Combat System (FCS) was canceled by President Obama's administration. This contract has attracted the attention of all the big U.S. defense contractors indicating the desire for one of a potential few big contracts.
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5:00 AM EDT 5/25/2010
JSF Cost Increases May Imperil the Fighter Program -- and LockheedLockheed Martin (LMT) and the U.S. Government are trying to negotiate the latest production contract for the Joint Strike Fighter (JSF). This is against the background of reported cost and schedule struggles for the program. The ultimate fate of the program may end up being very ugly for the contractor and the buyer as has happened so many times in the past.
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2:00 PM EDT 5/20/2010
Colleges and Universities Reap an Earmark Bonanza, Thanks to CongressCongress has long done earmarks where money is added to the budget for a specific company or task. Universities often receive these as well. A proposed earmark reform to ban for-profit entities from receiving them will only increase those flowing to schools.
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12:37 PM EDT 5/20/2010
KC-X Aerial Tanker Contract Starting To Become A FarceBoeing (BA) has now said that they are considering not bidding on the Air Force's new aerial tanker program. They expressed concern about the fixed price contract and EADS' subsidies. The program has now taken over ten years and every twist and turn makes it more farcical.
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5:45 AM EDT 5/12/2010
Small Businesses Are Starting to Organize Against Federal "Insourcing" of Contractor JobsOne of the Obama Administration's acquisition reform initiative is to reduce contractor jobs and where appropriate replace them with civil servants. This "insourcing" is now starting to face opposition from government contractors concerned about the way it is being done and the cost to their companies.
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5:55 AM EDT 5/7/2010
Shoe Drops For Aetna As Government Decides, No Tricare For YouLast year the government awarded several new TRICARE management contracts. TRICARE is the military HMO basically and two of these awards were protested. Both protests were upheld. Aetna due to their behavior has been disqualified from re-competing for this work and the contract they originally won has been given to HealthNet.
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5:45 AM EDT 5/6/2010
The UAV Market Is Good for Northrop, But Expanding Drone Missions Poses ChallengesNorthrop Grumman's most recent results were buoyed by the sale of Unmanned Aerial Vehicles. The continue investment of the U.S. military in these systems will aid companies like Northrop and General Atomics who have delivered current systems.
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4:53 PM EDT 5/4/2010
Buy American or Else: The Downside of Domestic-Source Rules in ProcurementNine men were arrested and charged with importing Chinese magnesium and selling it to the Defense Department as anti-missile flares. This violates U.S. laws and regulations about using U.S. sources for this material in military contracts. Their goal was to make more profit by using cheaper suppliers and still charge the higher domestic price.
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9:48 AM EDT 4/28/2010
Why Military Healthcare Costs Are Rising Twice as Fast as the Nation'sThe portion of the U.S. defense budget used to pay for the military health care keeps increasing. It has been doing so at a rate twice as high as health care inflation overall. Something must be done to reduce the pressure on other parts of the budget.
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7:20 PM EDT 4/30/2010
The Road To Hell In Defense Procurement Reform Is Paved With Good IntentionsCongress continues to make attempts to try and "reform" defense acquisition with the goal of doing things cheaper. Part of this latest bill rest on the assumption that the U.S. is under budgetary pressure. Many of the proposed reforms will make things worse and not necessarily cost less.
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