The last several years of Defense spending have a seen a more than seven-fold increase in the amount of money being spent through other transaction agreements for technology development. And although the Navy has been a relative latecomer to OTAs compared to its sister services, the approach is taking off in a big way in the areas of information technology and cybersecurity.
In August, the Navy announced it was increasing the ceiling value for its Information Warfare Research Project OTA to $500 million after having exhausted its initial $100 million ceiling in just a little over a year-and-a-half. Meanwhile, last month, officials announced the project’s first three programs to have moved from prototypes to full-blown production systems.
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