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As OTAs grow, traditional contractors are reaping the benefits | Federal News Radio

As OTAs grow, traditional contractors are reaping the benefits | Federal News Radio

For the Defense Department, what was once an obscure acquisition approach has now turned into a methodology to fund research, prototyping, and in some cases, the production of systems to the tune of tens of billions of dollars.

It seems like at any conference or discussion about procurement the only words on acquisition officials’ lips these days are Other Transaction Authority (OTA).

Thanks to congressional actions that loosened rules governing other transaction agreements, the Defense Department has significantly increased spending on these contracts.

Source: As OTAs grow, traditional contractors are reaping the benefits