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Navy Says "No" to $17B Budget Cut

Navy secretary Ray Mabus refuses to develop a 2018 budget proposal that trims $17 billion from its programs over the next five years as directed by defense secretary Ashton Carter, Navy Times reports. Carter told the Navy to cut the major shipbuilding program and invest in weapons systems and aircraft, according to defense officials. …… » Read more

POLLING RESULTS

How have your peers voted in our most recent VAO daily news polls?  Explore the results.

Man Pays the Price for Worthless Bonds: $4 Million and 12 Years in Jail

A Florida man was sentenced to 12.5 years in prison after a jury found him guilty of defrauding federal agencies in a scheme issuing worthless bonds, the Department of Justice (DOJ) announced. In his scheme, Alexander Xavier and co-conspirators knowingly and unlawfully collected $4.3 million in fees from claiming to be an …… » Read more

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9+ Billion Reasons the MGT Act May Stall

The Modernizing Government Technology (MGT) Act is unlikely to get through Congress this year after a December 1 Congressional Budget Office (CBO) estimate says the information technology (IT) bill would cost $9 billion to implement from 2017 to 2021, Federal Computer Week reports.  However, CBO’s work does not incorporate the …… » Read more

Check-out the new Gaming Center!  It's a fun way to help you test and improve your core acquisition knowledge and base of understanding.

Could Public-Private Partnerships End the Reign of CRs?

As Congress heads toward finalizing another continuing resolution (CR), one industry expert suggests that partnering with private and nonprofit sectors might be a better option. Stan Soloway is president and CEO of Celero Strategies, and former deputy under secretary of defense for acquisition reform and director of the …… » Read more

ASI Templates current through FAC 2005-91

Support for your file documentation needs! ASI templates are up-to-date, including FAC 2005-91 changes effective 10/31/2016.

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