The Department of Defense (DoD) has awarded a new Other Transaction Agreement (OTA) for the Defense Industrial Base Consortium (DIBC) that the Pentagon said will aim to “enable rapid research and allow access to commercial solutions for defense requirements and innovations from industry, academia, and non-traditional contractors.”
The DIBC will be managed by Advanced Technology International (ATI).
“The Defense Industrial Base Consortium Other Transaction Agreement will not only help stimulate the growth of the defense industrial base, but it will also enable more rapid execution of Defense Production Act funding,” said Dr. Laura Taylor-Kale, assistant secretary of Defense for industrial base policy.
“Additionally, this helps us execute the National Defense Industrial Strategy, address defense supply chain pain points, develop the industrial workforce, sustain critical production, and allow for complementary investments from other federal agencies to build a robust, resilient, and modernized defense industrial ecosystem,” stated Taylor-Kale.
The OTA will have a ten-year period of performance with no funding ceiling and will be overseen by the Office of the Under Secretary of Defense for Acquisition and Sustainment. The Washington Headquarters Services Acquisition Directorate will also administer the OTA.
The new OTA comes as the Pentagon recently released its National Defense Industrial Strategy (NDIS), which will help guide the Department’s engagement and investment policies.