The Defense Department is slowly moving toward non-traditional contracting practices as part of broader acquisition reform efforts, a senior Lockheed Martin executive said today. "We've seen some increasing interest . . . in the adoption of performance-based payments as compared to progress payments," Lockheed Martin President and Chief Operating Officer Robert Stevens told investment analysts today during a conference call on the company's fourth-quarter 2001 earnings results. "We are still under discussions relative to other policy adaptations that might help...
