Lord again talks performance incentives with industry amid major acquisition policy rewrite

By Tony Bertuca / December 17, 2018 at 5:26 PM
Pentagon acquisition chief Ellen Lord, after a controversial failure earlier this year, is again approaching defense contractors to get a range of perspectives on the potential for performance incentives, while simultaneously launching a massive "clean sheet" rewrite of government procurement policy. Lord told reporters at the Pentagon that she met today with representatives from the National Defense Industrial Association and several chief financial officers from a variety of defense companies to discuss "progress payments and performance payments." "We want their...

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