GAO: Navy Needs More Risk Awareness to Prevent Cost, Schedule Overruns

John F. Kennedy (CVN-79) leaving dry dock in 2019. US Navy Photo

A lack of risk awareness in recent years hasprevented Navy acquisition officials from anticipating technology hiccups, delays and potential cost-overruns, according to a new Government Accountability Office report.

The 18th Defense Acquisitions Annual Assessment, released this week by the GAO, provides a snapshot on the status of 121 major Department of Defense acquisition programs. Among the programs included in the GAO report are...

Sikorsky Awarded $542 Million for 6 Presidential Helos

A Sikorsky VH-92A lands at the White House during a test on September 22, 2018. The VH-92A will become the new presidential transport helicopter, replacing an aging fleet of VH-3D and VH-60N helicopters. Naval Air Systems Command photo.

Lockheed Martin subsidiary Sikorsky Aircraft Corp. was awarded a $542 million to build six VH-92A Presidential Helicopters to mark the start of low-rate initial production, the Navy announced Monday.

“The team has efficiently leveraged a proven platform with...

https://news.usni.org/2019/06/10/sikorsky-awarded-542-million-for-6-presidential-helos

Two of Four Defense Committees Pass FY 2020 Bills; Differences In Topline Amounts

CAPITOL HILL – Lawmakers in both the Senate and House of Representatives released Fiscal Year 2020 defense spending plans this week, focusing on increasing the Pentagon’s technological superiority to near-peer competitors.

The Senate Armed Services Committee marked up and passed its FY 2020 National Defense Authorization Act, which gives the authority to spend money on programs and activities. Separately, the House Appropriations Committee marked up its defense subcommittee’s FY 2020 defense...

https://news.usni.org/2019/05/24/two-of-four-defense-committees-pass-fy-2020-bills-differences-in-topline-amounts

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