Pentagon Focus On Price Still Roiling Defense Industry

By Marjorie Censer / December 10, 2014 at 6:38 PM
Despite Pentagon promises to refine the way it uses lowest-price, technically acceptable contracts, defense contractors say they are still facing price wars on deals they believe should be evaluated for best value. As budgets declined, the Defense Department began to take a harder look at prices, particularly when purchasing commodity items or services that do not require a high level of expertise. But industry has long complained that LPTA, as the approach is known, is being used too often and...

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