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Can Profit Policy and Contract Incentives Improve Defense Contract Outcomes? IDA paper P-4391 (Revised)

From the summary: “The Under Secretary of Defense for Acquisition, Technology, and Logistics in 2007 issued guidance entitled “Strategic Goals and Implementation Plan.” Goal 5 (Reliable and Cost-Effective Industrial Capabilities Sufficient to Meet Strategic Objectives) directed that “contract finance and profit policies drive desired results.” This language apparently was intended to direct the vigorous use of the tools provided by contract finance and profit policies to substantially improve the outcomes of acquisition contracts, in particular, the delivery on time and within budget of systems that provide the capabilities for which the Department of Defense contracted.”

Authors - Arnold, Scot, et al.

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Arnold, Scot, et al.

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