Washington,
D.C. — TechNet, the national, bipartisan network of innovation
economy CEOs and senior executives, today hailed the House Armed Services
Committee’s passage of a National Defense
Authorization Act (NDAA) that includes H.R. 2511, the Defense Acquisition Streamlining and Transparency Act.

After last month’s introduction by House
Armed Services Committee Chairman Mac Thornberry (R-TX), TechNet endorsed
the bill, recognizing its impact on modernizing
the Department of Defense’s procurement practices to make it easier to purchase
commercially available products from online marketplaces.

“Online
marketplaces empower consumers with modern tools to instantly compare prices
between goods and services, find the best deal, and receive their purchases as
quickly as possible with fast deliveries,” said
TechNet President and CEO Linda Moore. “This reform recognizes that the
Department of Defense is a huge consumer in its own right and empowers it to
use online marketplaces to make better use of taxpayer dollars and get our
service members the products they need more quickly.

“We
applaud Chairman Thornberry and the House Armed Services Committee for passing
this measure and taking an important step to modernize our federal government’s
technology and procurement practices,” Moore added. “As
the House and Senate continue their work on the National Defense Authorization Act, we hope this reform will be a
consensus policy that becomes law.”

About TechNet
TechNet is the national,
bipartisan network of technology CEOs and senior executives that promotes the
growth of the innovation economy by advocating a targeted policy agenda at the
federal and 50-state level. TechNet’s
diverse membership includes dynamic startups and the most iconic companies on
the planet and represents more than 2.5 million employees in the
fields of information technology, e-commerce, the sharing and gig economies,
advanced energy, biotechnology, venture capital, and finance. TechNet has offices in Washington, D.C., Silicon Valley, San Francisco,
Sacramento, Austin, Boston, Seattle, Albany, and Tallahassee.