Committee on Foreign Investment in the United States’ review of Fufeng’s notice submission, lacked Jurisdiction Under its Part 800 Covered Transaction Authority
The Defense Department is taking measures to get new capabilities to warfighters more quickly, and they’re working. One of these tools is called Other Transaction Authority. The Pentagon has made increasing use of this contracting method, which has existed since the space race but was expanded dramatically in the 2016 National Defense Authorization Act.
BlueHalo Awarded $76M Prototype Other Transaction Authority for Army AMP-HEL Multi-Purpose High Energy Laser Vehicle Program streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
While lawmakers worry over lack of oversight, MITRE's Pete Modilgiani tells Breaking Defense, "The Middle Tier of Acquisition pathway is one of DoD’s most valuable tools to rapidly deliver capabilities . to deter China’s threat."