Air Force officials handed out more than 200 contracts worth $75 million in one week. Here's how they did it

Air Force officials handed out more than 200 contracts worth $75 million in one week. Here's how they did it

5 years ago
Anonymous $syBn1NGQOq

https://www.cnbc.com/2019/04/09/how-air-force-officials-gave-out-200-contracts-worth-75-million-in-a-week.html

NEW YORK — Usually it takes months or even years for the U.S. military's acquisition process to play out. But recently, the Air Force managed to gobble up more than 200 acquisitions in just one week.

The flurry of moves clustered around the service branch's first-ever "Pitch Day" last month, when officials heard direct proposals from 59 small companies — and contracts were awarded within minutes through swipes of a credit card.