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Defense Watch

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Monday, October 19th, 2009

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The Latest Word On Trends And Developments In Aerospace And Defense Fixing Contracts. As pressure increases in Washington for the government to enter into more fixed-price deals with defense firms, Shay Assad, Pentagon director of defense procurement and acquisition policy, tells lawmakers about benefits of slightly different arrangements: fixed-price-incentive contracts that are redeterminable. "When we get fixed-price contracts, we need more audit assistance because at that point once we decide on what the price is, there is no more recourse…

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