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‘Sooner Is Better’ For Funding To Help DoD Pay Potential Billions In Industry’s COVID Claims, Lord Says

‘Sooner Is Better’ For Funding To Help DoD Pay Potential Billions In Industry’s COVID Claims, Lord Says
Under Secretary of Defense for Acquisition and Sustainment, Ellen M. Lord speaks to members of the press and announces the first Trusted Capital Venture Day during a press briefing at the Pentagon, Washington D.C., Oct. 18, 2019. (DoD photo by U.S. Army Staff Sgt. Nicole Mejia)

The Pentagon’s top acquisition official said Monday “sooner is better” for receiving supplemental funding to help the department pay billions of dollars in potential pandemic-related claims from industry. Acquisition chief Ellen Lord also told reporters Monday the companies across the Pentagon’s defense industrial base have nearly all reopened for business, with the department continuing to assess the three-month impact on programs due to production line closures. “We see an enormous amount of recovery in the defense industrial base. It depends…

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