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September 24, 2018Loren B. Thompson, Ph.D

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Pentagon Plan To Slash Industry Payments Appears At Odds With Trump Strategy and Economic Philosophy (From Forbes)

September 24, 2018Loren B. Thompson, Ph.D

The Department of Defense is proposing a major change in the way in which military contractors are paid for the work they do. The change ostensibly would link payments more closely to performance, but it would also discourage risk taking, and perhaps innovation too. In addition, the proposed change seems to be out of step with both the Trump administration’s approach to dealing with industry and the National Defense Strategy. I have written a commentary for Forbes here.

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