The Pentagon is tearing up decades of defense-unique bookkeeping rules and betting that ordinary corporate accounting can get weapons to troops faster and cheaper.
Pentagon vows to "completely transform" its contract pricing rules
"No new accounting systems or special data formats will be required..."
About the Author
Edward Targett
Ed Targett is co-founder of The Ack. He has a long-standing interest in the nexus of technology and national security. He is the founder of widely read enterprise technology publication The Stack, which reaches over 1.5 million people monthly.
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Procurement
National Armaments Director: £298 billion DIP delivery plan coming “in weeks”
Rupert Pearce: "We are segmenting procurement. We are developing new commercial pathways. We are trying to drive simplicity and pace”
By Edward Targett
4 min read