DOE LOOKS TO WITHHOLD PAYMENTS DUE TO BUSINESS SYSTEM ISSUES

Kenneth Fletcher
NS&D Monitor
4/04/2014
The Department of Energy is proposing a new regulation that would allow it to withhold payments if a contractor’s business systems have “significant deficiencies.” That includes the accounting, estimating,…

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HII wins $56M Navy contract for AUKUS submarine design work

Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division has won a $56 million Navy contract to provide engineering and design support for the AUKUS nuclear-powered submarine program, the company said Oct. 13.
The contract includes an option that…

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