ARLINGTON, Va. — Despite a growing Pentagon movement toward fixed-price contracts to keep a lid on costs, U.S. Navy contracting officers should look to cost-plus contracts if there is a greater element of risk, says Sean Stackley, assistant Navy secretary for research, development and acquisition. “You had better not be using fixed-price contracts for something that is high risk,” Stackley said June 2 during a question-and-answer session following his lunch keynote address ...

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