DOD wants focus on contractor performance, not profits

Budget cuts foster new culture for program managers

As a result of budget cuts, culture change is coming to how  the Defense Department manages the performance of contractors with a renewed emphasis on value over profits, reports Defense News.

Program managers will be graded on how they spend money and not on obligating funds quickly, said Frank Kendall, principal deputy undersecretary of defense for acquisition, technology and logistics, during a conference on May 17 in Washington.

Controlling costs and accomplishing tasks below budget will be key factors for contractors to focus on, according to the article.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.