Senate approves measure limiting FPI's defense contract monopoly

Wood & Wood Products, Dec, 2001

AS PART OF the Defense Authorization Bill for Fiscal Year 2002, the U.S. Senate approved a measure eliminating Federal Prison Industry's monopoly over defense contracts. The provision will allow private companies to compete with FPI on all products.

The Senate approved the provision by a vote of 74 to 24. The defense bill as a whole passed unanimously, 99 to 0. In order to become law, the measure needs to be approved by a conference committee of both houses of Congress.