Author Topic: Pentagon wants 12 month procurement time for major weapons programs, official  (Read 240 times)

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Pentagon wants 12 month procurement time for major weapons programs, official
Mike Stone


(Reuters) - The Pentagon’s acquisition chief said on Wednesday she wants to cut the time for major procurements to 12 months from an average of 2.5 years, speaking during a congressional hearing on the reorganization of the Defense Department’s procurement system.

The Pentagon typically takes months and often years to make procurement decisions, especially for major weapons programs. A more rapid procurement process could accelerate the pace of orders for weapons makers like Lockheed Martin Corp and Northrop Grumman Corp.

https://www.reuters.com/article/us-usa-defense-procurement/pentagon-wants-12-month-procurement-time-for-major-weapons-programs-official-idUSKBN1E12XJ?il=0