BETTER BUYING: The principal deputy undersecretary of defense for acquisition, technology and logistics reiterated May 17 that the Pentagon is not targeting industry profit margins – but he stressed that contractors, particularly primes, will be harder-pressed to show they deserve them from now on. “I am not opposed to high margins at all, if they are earned,” Frank Kendall told the Aviation Week Affordability Requirements conference in Washington. Kendall says the entire defense acquisition ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Pentagon Acquisition Official: Profits Have To Be Earned".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.