
An Army acquisition official Monday emphasized the importance of tamping down costs in air and missile defense systems while illustrating concerns about bottlenecks in the microelectronic sector. “I think a key component…from a PEO perspective, is ensuring that going into the future, these incredible capabilities remain affordable. We spend a lot of time in contract negotiations. We spend a lot of time reviewing costs. We spend a lot of time reviewing company quarterly reports to understand how businesses are running…