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Mike Brown on How To Ensure The US Leads Defense Innovation

Village Global Podcast

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The Defense Department Needs to Be on a Faster Cycle

There are problems with both cost plus or fixed price cost plus there's very little incentive for the vendor to ensure that we're keeping the cost down. The longer you go in time, the more of a cost overrun you could be looking at. If we're able to qualify vendors on a timely basis and give them a contract, then we've negotiated for a price that makes sense. This is how the commercial world does business. It's part of the answer here that the government needs to pick more winners and big on those winners.

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