Post #30911 by Dope1 on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (42)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 1

When a major goal is to overhaul the moribund inefficient Pentagon procurement processes, necessary to rebuild our military, then the simpatico arrangement between the Generals and Defense contractors must be degraded. Breaking those bonds necessarily requires a degree of "out with the old".

Procurement and program development is a multi-layered onion. I have family working in this space and they talk to their...customers...some of whom are in uniformed services and some of them are in 3-letter agencies all the time.

The entire process is screwed up. The government demands fixed price contracts from their suppliers...then turns around and demands extra things, changes requirements, and generally doesn't know what it wants. Then it complains about cost overruns.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (42)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.