CARTER BRIEFING - Under Defense Secretary for Acquisition, Technology, and Logistics Ashton Carter holds a press conference at the Pentagon, June 28, 2010, to talk about new Department of Defense Acquisition strategies to incentivise DoD contractors to cut the costs of their programs. DoD photo by R. D. Ward Military Costs Under Review In Bid To Trim Waste -- New York Times
The Pentagon’s effort to cut more than $100 billion in administrative costs over the next several years is expected to take a new direction on Monday with proposals that could lower profits for military companies.
Industry officials said that Ashton B. Carter, the under secretary of defense for acquisition, had called a meeting with contractors and lobbyists to address ways to cut waste. In addition to trimming its own bureaucracy, the Pentagon is looking for savings in how it hands out hundreds of billions of dollars in contracts for weapons and services each year.
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More News On The Pentagon Trying To Find Savings In Its Budgets
Pentagon looks for 100 billion in cost savings -- Washington Post
Gates Taps Carter to Lead Procurement, Services Efficiency Effort -- Defense News
Gates: Overhead Savings Would Benefit Warfighters -- U.S. Department of Defense
Industry Wary Of ‘Productivity’ Moves -- DoD Buzz
Pentagon launches affordability push for weapons -- Reuters
Defense Unveils Cost-Savings Plan -- Wall Street Journal
Pentagon calls on defense industry to bring down costs -- AFP
Pentagon eyes $100 billion in savings by trimming overhead -- CNN
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