Truth in Negotiations Act

Amelia Brust/Federal News NetworkNavy

Bots starting to help DoD figure out right price for weapons systems

The military services are exploring ways both through advanced technologies and policy changes that could dramatically shave time and bureaucracy from…

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Sgt. 1st Class Jon Soucy

New DoD policy aims to crack down on alleged price gouging by TransDigm

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DoDGlenn Fine, inspector general, Defense Department

TransDigm agrees to reimburse Pentagon following allegations of price gouging

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501st Combat Support Wing Public/Airman 1st Class Jennifer ZimaA U.S. Air Force CV-22 Osprey assigned to the 352nd Special Operations Wing, RAF Mildenhall, U.K., performs a flyover during the Mi Amigo 75th anniversary flypast event at Endcliffe Park, Sheffield, U.K., Feb. 22, 2019. The aircraft flew over the park where thousands of U.K. residents honored the memory of the ten fallen U.S. Airmen who died when their war-crippled B-17 Flying Fortress crash landed to avoid killing residents and nearby children. (U.S. Air Force photo by Airman 1st Class Jennifer Zima)

Pentagon hunting for other instances of price gouging in wake of damning spare parts audit

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U.S. Marine Corps/Sgt. Justin M. SmithStaff Sgt. Immanuel Garcia, a metal worker with Special Purpose Marine Air-Ground Task Force – Southern Command welds a support beam to support the pipe the Marines are replacing on Sep 19, 2018 in Trujillo, Honduras. The water valve was stuck at 80% shut-off effecting 6 local communities containing roughly 8,000 people. The Marines repaired the pipe to return water to the local communities.

IG: 4,400 percent profit margins show need for reform in DoD spare parts market

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Under new policy, DoD to reimagine cost, pricing data requirements for contractors

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Aiming to speed procurements, DoD wants to reduce data demands on contractors

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