The Defense Department "does not intend to enact a policy to increase contract prices due to inflation,” according to a new letter sent by Pentagon acquisition chief Bill LaPlante to Sen. Elizabeth Warren (D-MA) and obtained by Inside Defense . The letter, dated Oct. 19 , is a response to concerns Warren raised following defense industry efforts to receive inflation relief on fixed-price contracts, sometimes called “economic price adjustments.” Warren, in an Oct. 5 letter, likened the proposed inflation relief...
