DOD says inflation has spooked some defense contractors

By Tony Bertuca / May 4, 2022 at 4:54 PM
Though it is "too early to tell" the true impact of historic inflation on major defense acquisition programs, the Pentagon says it has seen several "changes in behavior" among contractors, including companies being skittish about entering into long-term agreements, and at least one that wants to pull out of an existing contract, according to a new letter sent to senior Republican lawmakers . “The department is just beginning to receive inputs from the DOD buying activities about changes in behavior,”...

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