What Happened
Army Accelerates Procurement With New Contracting Authorities
The US Army has reported a record number of enterprise-level contracts awarded this year, as part of its broader acquisition reform effort. The service has streamlined its procurement process, delegating greater contracting authority to portfolio acquisition executives and using shorter statements of need to allow industry to propose solutions. This shift has accelerated procurement, with some agreements being awarded in as little as seven days. According to MeriTalk, the Army’s acquisition leaders say the new approach is helping to manage capabilities across entire portfolios and accelerate the acquisition of new capabilities.