#Restructuring
Army to Procure Weapons Like SOCOM: Chief of Staff Announces New Futures & Modernization Command at [AUSA 2017]
![Army to Procure Weapons Like SOCOM: Chief of Staff Announces New Futures & Modernization Command at [AUSA 2017]](https://cdn-fastly.thefirearmblog.com/media/2024/05/16/14223424/army-to-procure-weapons-like-socom-chief-of-staff-announces-new-futures.jpg?size=720x845&nocrop=1)
The US Army’s new centralized procurement organization has been named: In his address at the Eisenhower Luncheon at the 2017 Association of the United States Army, US Army Chief of Staff General Mark Milley announced the creation of a Futures and Modernization Command (FMC), which would oversee the process of research, development, testing, evaluation, and procurement (RDTE&P) from start to finish. In his address, General Milley outlined a new process which would fundamentally change the current procurement model to a new one based on that used by US Special Operations Command:
In the Wake of ICSR, US Army to Reform Weapons Procurement Process
US Army Chief of Staff General Mark Milley has released a letter outlining a major reform and restructuring effort for US Army weapons development, testing, and procurement. In the letter, CSA General Milley spoke of the need for a new procurement command structure:
UPDATE: Olympic Arms Restructuring; NOT Closing Its Doors
BREAKING NEWS: Colt to File Chapter 11 Bankruptcy
The end we knew would come has finally begun. Colt Defense, LLC is set to file chapter 11 bankruptcy protection tomorrow, according to insider sources, reports marketwatch.com: