…the Navy awarded this $15 million contract (click on it to enlarge) Thursday. “The program seeks to maximize the financial value of the properties and leverage that value with private sector expertise to offset the cost of ongoing operations or obviate the need for capital investments,” the announcement says. Obviate the need for capital investments? There’s a verbal bonbon that just rolls around inside one’s mouth like a luscious truffle; maybe we can ask them to handle the Pentagon’s entire capitalization budget with the same skill. The contract winner says it’s “in business to create and deliver real value for clients, shareholders and our own people in a complex world that is constantly changing.” Remember the good old days when Pentagon contract announcements were for things like boots, bullets and bayonets?