Industry proposals 'unaffordable,' 'almost unaffordable' for $9 billion Army missile portfolio

By Jason Sherman / August 9, 2022 at 5:48 PM
Industry proposals for new weapon projects are "almost unaffordable," a senior Defense Department acquisition official said today, sounding a clarion call for the private sector to better account for increased costs attributed to economic uncertainty, including rising inflation, supply chain interruptions and labor shortages. Maj. Gen. (P) Robert Rasch, Army program executive officer for missiles and space, admonished an industry audience at the Space and Missile Defense Symposium in Huntsville, AL, to provide a higher-fidelity explanation for increased cost on...

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