Hicks: DOD eying inflation for long-term contract impacts

By Tony Bertuca / April 12, 2022 at 11:55 AM
Deputy Defense Secretary Kathleen Hicks, who recently met with dozens of defense business executives , said today the Pentagon is discussing the ongoing impact of historic inflation with both large and small defense contractors, but noted there has not yet been a substantial uptick in requests for equitable adjustments to contract prices. “We’re always in conversations around equitable adjustments. We have not seen a huge influx of those,” she told reporters at a breakfast in Washington. Inflation has emerged as...

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