The U.S. Air Force needs to improve the ways it justifies and manages its cost-reimbursable contracts, according to the Pentagon’s Inspector General (IG). “Of the 156 contracts reviewed, valued at ...

Billions of dollars in Air Force projects may have cost more than they were worth, according to a report by the Inspector General for the Department of Defense. For almost half the projects the DOD IG ...

The U.S. Missile Defense Agency (MDA) and the Defense Microelectronics Activity (DMEA) failed to comply with interim federal regulations in granting recent cost-reimbursement contracts, the Pentagon ...

(RTTNews) - The U.S. Department of Defense announced a significant contract award to Boeing Corp. (BA). The contract, valued at a maximum of $615.76 million, covers fixed-price incentive (firm-target) ...

The Department of Defense said Monday the fixed-price incentive, cost-plus-fixed-fee and cost-reimbursable contract covers the purchase of Group A and Group B kits, system engineering program ...

The Senate Homeland Security and Governmental Affairs Committee amended a reauthorization bill for the Homeland Security Department on Sept. 21 to restrict the department's ability to use ...

CORRECTION: This story has been updated to included that the non-traditional contractor provision was included in the Senate version of the NDAA. Among the more than 1,000 provisions in the 2026 ...