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Pentagon Considers Increasing Industry Incentives on Contracts

Pentagon Considers Increasing Industry Incentives on Contracts

The Pentagon wants to motivate industry to come in under cost and is going to increase its use of incentive type contracts, as well as boosting the amount of money a company can earn when it comes in under cost, the director of defense procurement and acquisition policy said Monday.“Industry should be earning a fair profit when they are performing well, and we have no interest in driving profitability out of the defense market place,” Claire Grady said during a…

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