The U.S. Department of Defense’s chief purchasing officer said the Pentagon has filed a budget request in the “lower double-digit billions” to support defense contractors disrupted by the coronavirus pandemic.
Ellen Lord, the Under Secretary of Defense for Acquisition and Sustainment, said the Pentagon submitted the multibillion-dollar request to the White House Office of Management and Budget in order to sustain the hiring and workforce levels of key defense contractors.
When asked during a press conference to provide a more precise estimate of the “lower double-digit billions” Lord did not provide further specifics.
The funding request, made under Section 3610 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, authorizes the federal government to reimburse Federal contractors for paid leave where they have been sickened by the coronavirus, or where conditions have required healthy workers to stay home.
Keep reading this article at: https://americanmilitarynews.com/2020/06/pentagon-requesting-lower-double-digit-billions-to-support-covid-hit-defense-contractors/
The Contracting Education Academy at Georgia Tech has established a webpage where all contract-related developments related to the coronavirus (COVID-19) are summarized. Find the page at: https://contractingacademy.gatech.edu/coronavirus-information-for-contracting-officers-and-contractors/
