How Pricing & Budget Innovation Can Foster a Competitive Environment in the DoD
The Department of Defense (DoD) wants and needs to take advantage of Silicon Valley’s latest technology innovations.
To do this, the DoD will have to go beyond its current cost-based pricing model, which hearkens back to the 1950s and is grounded in tracking labor and materials. The model made sense for assembly-line work that defined the DoD procurement process 80 years ago. But the 21st century is defined by the knowledge work that creates data, software, and product design.
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