Austal asked the Navy for relief. The answer was no.
A shipbuilder wrote off A$175M after the government declined to accelerate contract relief. Three days later, a Korean buyer offered up to $1.2B for the yard. Both dockets close tomorrow at noon.
♠️The List: Your cost-plus contract may already be on one
Agency heads owed a review of their ten largest non-fixed-price contracts by July 29. The results went to OMB and stopped there. Two dockets close Friday.
Paper Trail: the White House wants your supply chain mapped
♠️ A new executive order starts rulemaking that would make contractors chart their critical suppliers. Plus the reconciliation bill behind the drone money is shrinking.
Mass Production: missiles by the family, drones by the half-billion
♠️ The Pentagon signed three companies to build cheap cruise missiles at volume. Read it beside last week's drone buys, and the pattern looks like policy.