The Department of Defense has unveiled its first wave of 31 class deviations under the Revolutionary FAR Overhaul, a move aimed at cutting red tape and accelerating procurement. At the same time, a draft executive order could impose new limits on buybacks, dividends, and executive pay for defense firms. Here to walk through what these changes mean for industry and mission delivery is Stephanie Kostro, President of the Professional Services Council.
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The Federal Drive with Terry Gerton