Kendall: Procurement reform squeezed by sequester

09/9/2013 | Reuters

The Pentagon has been trying to streamline and reform the way it buys technology and weapons, but that campaign is challenged by sequestration, says the department's procurement chief, Frank Kendall. With funding uncertain, the military is unlikely to launch on major acquisitions efforts, he said, and that means companies will hesitate to invest in technologies that will lower weapons cost, part of the Pentagon's procurement reform push. "Right now if I were in industry I would be hesitant to make major investments until I saw what was going to happen to the budgets and the product lines that I was interested in," he said.

View Full Article in:

Reuters

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Membership Ambassador
The National LGBT Bar Association
Washington, DC
Senior Electrical Sensor Engineer
Hydra Electric Company
Burbank, CA
Business Development Associate
Banneker Industries, Inc.
North Smithfield, RI
Associate Director of Training
Out & Equal Workplace Advocates
San Francisco, CA
Director of Planned Giving
Los Angeles LGBT Center
Los Angeles, CA