DOD Unveils New Measures To Cut Acquisition Costs

Law360, New York (September 15, 2010, 7:37 PM EDT) -- The U.S. Department of Defense is placing new emphasis on affordability and cost control in its acquisition practices as it seeks to achieve $100 billion in cost savings over the next five years.

Secretary of Defense Robert M. Gates and Ashton Carter, undersecretary of defense for acquisition, technology and logistics, unveiled 23 actions to improve efficiency in the contracting arena during a press briefing Tuesday.

Under the measures, program managers will be required to set an affordability target that cannot be changed without approval from Carter,...
To view the full article, register now.