Wednesday, March 5, 2014

Elon Musk completes Tony Stark transformation with today's Senate hearing insuranceinstantonline.blogspot.com

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insuranceinstantonline.blogspot.com ® Elon Musk completes Tony Stark transformation with today's Senate hearing

Elon Musk completes Tony Stark transformation with today's Senate hearing S


Today, at 10 AM, Elon Musk will appear before the Senate Defense Appropriations Subcommittee to testify on how America pays to put things like military and intelligence satellites into orbit.


Elon Musk completes Tony Stark transformation with today's Senate hearing S


This hearing comes a day after GAO released a review of the Air Force's acquisition of the Evolved Expandable Launch Vehicle (EELV) from United Launch Alliance. The report looked at the contracting pros and cons of how America purchases its strategic space lift capability. In other words how we buy rockets.


From GAO:



This report addresses the following: (1) What insight did DOD have into launch costs under past EELV contracts? (2) How do recent changes to EELV contracts affect accounting for costs? (3) How is DOD compensated for costs when ULA sells launches to other customers? and (4) What are the implications if DOD requires competitors to submit offers using the same structure it currently uses with ULA or a commercial approach?



I suspect that this hearing will delve more into the topic of contract acquisition and less into weaponized suits. Then again, you never know.


The hearing will be webcast at http://ift.tt/1by4Nhy.


Elon Musk completes Tony Stark transformation with today's Senate hearing