More eyes on Defense acquisition

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The House Armed Services Committee is getting in on the acquisition reform action. Chairman Ike Skelton, D-Mo., and Ranking Member John McHugh, R-N.Y., announced a special panel to suggest acquisition reforms for the Defense Department.

The panel will evaluate the performance of the current system, assess its failures and make recommendations to fix it. The findings will guide the fiscal 2011 defense authorization act, a committee statement said.

The White House gave special attention to waste, fraud and abuse in Defense Contracting when it announced its contracting reforms on Wednesday.

During a Wednesday news briefing, Obama said:

In Iraq, too much money has bee paid out for services that were never performed, buildings that were never completed, [and]companies that skimmed off the top. At home, too many contractors have been allowed to get away with delay after delay after delay in developing weapon systems. It’s time for this waste and inefficiency to end.

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