Aircraft Finance & Leasing News - North America

New York (AirGuideBusiness - Aircraft Finance & Leasing News North America) Mar 14, 2010 Defense acquisition panel urges greater focus on services. A congressional panel has concluded its year-long study of defense acquisition, recommending in a 49-page interim report that the Pentagon focus more on services than weapons. "While the nature of Defense acquisition has substantially changed, the Defense acquisition system has not kept pace," according to the report. "The system remains structured primarily for the acquisition of weapon systems at a time when services represent a much larger share of the department's acquisitions." More than $200 billion was spent on service contracts last year, the panel found. Mar 12, 2010