The Undersea Technology Innovation Consortium (UTIC) announced that the Naval Undersea Warfare Center Division Newport (NUWC) has executed a three-year extension of the Other Transaction Agreement (OTA) for Undersea and Maritime Technology Innovation.
The Undersea Technology Innovation Consortium (UTIC) is celebrating three years of supporting the Navy this June. UTIC has built a national community to advance and accelerate undersea and maritime technology innovation.
“UTIC is an important resource for innovative undersea and maritime technology solutions. The Other Transaction Agreement (OTA) allows for streamlined contracting, ensuring the government can expeditiously get needed technology prototype solutions."
Impressed by the rapid innovation of the commercial sector, defense officials are adapting to secure more participation from tech-focused firms. To do this, they are using a special contracting capability called Other Transaction Authority (OTA) to streamline...
