Pentagon looks to conserve cash

01/22/2013 | Politico (Washington, D.C.)

The looming threat of sequestration has spurred Deputy Defense Secretary Ashton Carter to issue an order stating that all potential research and development contracts over $500 million must get special clearance before they can be approved. Some insiders interpret the order to mean that the Pentagon doesn't plan to sign any large contracts in the near future.

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Politico (Washington, D.C.)

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