Lord sees 'enormous' recovery in industrial base, but says need for supplemental funding remains

By Tony Bertuca / June 22, 2020 at 12:23 PM
Pentagon acquisition chief Ellen Lord said today the defense industrial base is making an "enormous recovery" after a three-month slowdown caused by the COVID-19 outbreak, but she stressed the continued need for supplemental funding in the "lower double-digit" billions to reimburse contractors for pandemic-related disruptions. "Sooner is better, I think, is the best way to put it," Lord said of the supplemental funding. Lord, who spoke to reporters at the Pentagon today , said the Defense Department's funding request is...

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