The Obama administration plans to review 26 government information-technology projects worth $30 billion as part of an effort to trim back or cancel contracts that aren’t meeting goals.
Among contracts singled out for scrutiny today were a $1.5 billion project for Lockheed Martin Corp. to update air-traffic control equipment; $281 million to Computer Sciences Corp. to help process patent applications; and $350 million for AT&T Inc. to improve the Treasury Department’s telecommunications.
Before leaving office last month, former White House budget director Peter Orszag ordered a review of the $80 billion the government spends annually on technology to determine whether lax oversight has led to cost overruns, delays and the implementation of obsolete systems.
Full Story: Obama Aides Review $30 Billion in Technology Contracts – Bloomberg
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