Home / Acquisition & Procurement / Report: Frank Kendall Drops Push for Defense M&A Oversight Legislation

Report: Frank Kendall Drops Push for Defense M&A Oversight Legislation

Frank Kendall
Frank Kendall

Defense Department acquisition chief Frank Kendall has decided to withdraw his legislative proposal seeking greater agency oversight of merger and acquisition activities between  defense companies, Defense News reported Tuesday.

Aaron Mehta writes Kendall made the decision after the Federal Trade Commission and the Justice Department verified his office’s scope of authority on industry consolidation efforts.

He told audience at a Center for Strategic and International Studies-hosted forum Tuesday he thought DoD had less discretion than it actually does.

“I am now persuaded that [legislation] is not needed,” he added, according to the report.

At the CSIS event, Kendall also commented on ongoing efforts of the House and Senate Armed Services committees to reform the department’s acquisition system, Breaking Defense’s Sydney Freedberg Jr. reports.

The report said he is concerned about a proposal that would give service chiefs more power to decide on weapon  acquisition programs because he thinks many of them do not have enough contracting or engineering experience.

Check Also

Watchdog Details Top Management Challenges for DOT in FY19

The Department of Transportation’s inspector general released a new report outlining the department's management challenges in fiscal year 2019. 

 

Leave a Reply

Your email address will not be published. Required fields are marked *