Northrop CEO: New IRAD Regulations Could Constrain Defense Innovation

By Tony Bertuca / May 26, 2015 at 1:15 PM
The head of Northrop Grumman warned Tuesday that new and looming Pentagon regulations impacting the defense industry's reimbursable independent research and development (IRAD) funding could end up costing the Defense Department valuable innovation at a time when America needs it most. "If the fix to the problem I think we all recognize we have -- which is there isn't the right amount and forum for communication on the outcomes of IRAD -- if the fix is to try and put...

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