The Defense Department announced today creation of the Office of Strategic Capital, or OSC. The new office is meant to ensure that technologies under development right now or in the future, which may be critical to U.S. military requirements, are able to get the funding they need to make it to market.
“The Department continues to focus on accelerating contracting actions and providing a persistent demand signal to our partners in industry,” said Dr. William A. LaPlante, Under Secretary of Defense for Acquisition and Sustainment. “This award is another example of the steps we are taking to replenish stockpiles and strengthen the industrial base.”
The M142 HIMARS is a full-spectrum, combat-proven, all-weather, wheeled, precision-strike weapons system. It is transportable by air and is capable of launching rockets and missiles from the Multiple Launch Rocket System Family of Munitions.
“This award will enable us to replenish our own inventory while providing critical capabilities for our allies and international partners,” said Douglas R. Bush, the Army's Assistant Secretary for Acquisition, Logistics and Technology. “We remain committed to getting things on contract as quickly as possible to ensure our stocks are rapidly replenished.”
Project Manager, Strategic and Operational Rockets and Missiles – in conjunction with the U.S. Army Contracting Command-Redstone – awarded this new undefinitized contract action.
This effort was led by the Army’s Program Executive Office for Missiles and Space, in partnership with components across the Department of Defense.
For more information, please contact Darrell Ames, PEO Missiles and Space, at darrell.d.ames.civ@army.mil.
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