According to a report by KATV, the Air Force hopes to secure a new developer “soon” to complete a “scaled-back” version of the housing project at Little Rock AFB, Ark. Little Rock is one of the bases that was under contract to American Eagle, which completed only 25 of 468 houses at the base. The developer has been trying to sell other Air Force base housing projects. Meanwhile, Congress has called for an investigation.
The emphasis on speed in the Pentagon’s newly unveiled slate of acquisition reforms may come with increased near-term cost increases, analysts say. But according to U.S. defense officials, the new weapons-buying construct provides the military with enough flexibility to prevent runaway budget overruns in major programs.
