The Pentagon’s chief pricing official has issued new guidance to acquisition program managers on how to assess the costs and impacts of the COVID-19 outbreak on defense contractors, noting that additional funding has not yet been appropriated by Congress to reimburse companies for pandemic-related hardships or delays. Kim Herrington, the acting principal director of defense pricing and contracting, signed a memo July 2 directing program managers to use their best judgement in the face of uncertainty and “historic and unprecedented...
