December 27, 2016

Trump poised for cost-cutting battle with defense contractors

Source: Fox News

Journalist: Fred Lucas

President-elect Donald Trump’s preemptive strike on the price tag of two major projects with leading defense contractors has fiscal hawks hopeful the incoming administration can rein in Pentagon contract costs even as Trump vows to invest in rebuilding the U.S. military.

“I hope this will be an opportunity to look at the Pentagon more clearly from someone who has not been part of the system,” Mandy Smithberger, director of military reform for the Project on Government Oversight (POGO), told FoxNews.com.

Since early December, Trump has been browbeating Boeing and Lockheed Martin over the costs of the next Air Force One and the F-35, respectively.

Read the full article at Fox News.

Author

  • Ben FitzGerald

    Former Adjunct Senior Fellow, Defense Program

    Ben FitzGerald is a partner at Lupa, a private investment firm, and a former adjunct senior fellow at the Center for a New American Security (CNAS). At Lupa he leads the firm’...