“The Aerospace Industries Association (AIA) recently submitted feedback to the Office of Management and Budget regarding the first tranche of revisions released under the Revolutionary Federal Acquisition Regulation (FAR) Overhaul effort — Part 1 (Federal Acquisition Regulation System), Part 10 (Market Research), and Part 34 (Major System Acquisition). The comments emphasize the importance of ensuring the FAR promotes robust competition and allows for open and transparent communication with industry throughout the acquisition process, and identify several areas for further streamlining. AIA supports efforts to streamline federal procurement rules while preserving competition to drive innovation, reduce costs, and strengthen the industrial base.