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Defense industry's COVID costs could tank DoD modernization plans

from Defense News

Defense industry's COVID costs could tank DoD modernization plans Defense News The Pentagon is facing billions of dollars in pandemic-related claims, which may force it to dip into modernization and readiness accounts if Congress doesn't backfill the money, the department's top acquisitions official said. Testifying at the House Armed Services Committee, Undersecretary of Defense for Acquisition and Sustainment Ellen Lord reaffirmed the Pentagon's commitment to request supplemental appropriations from Congress, beyond its fiscal 2021 budget of $740 billion. It's been seven weeks since Department of Defense officials first publicly disclosed a request was coming; that request is currently sitting with the White House Office of Management and Budget. READ MORE

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