The Missile Defense Agency (MDA) awarded 4 contracts worth up to $1.5 billion to provide financial management services in support of the Ballistic Missile Defense (BMD) program.
The MDA is expected to spend more $100 billion over the lifetime of the BMD program. The agency has come under criticism from the GAO for its lack of transparency and accountability.
“MDA’s flexible acquisition approach has limited the ability for DOD and congressional decision makers to measure MDA’s progress on cost, schedule, and testing…MDA’s baselines have been inadequate to measure progress and hold MDA accountable. However, GAO also reported that new MDA initiatives to improve baselines could help improve acquisition accountability.”
To help it improve financial accountability, the MDA is turning to 4 contractors: