HASC chair calls for new incentives to reduce defense costs -- Defense Systems
By Lauren C. Williams Apr 27, 2021 Divesting of legacy systems to make way for new technologies is expensive and at the heart of the Defense Department's budget debate. But even when modernization makes fiscal sense, there are key dilemmas DOD and Congress will have to overcome. For House Armed Services Committee Chairman Adam Smith (D-Wash.), that, in some ways, comes down to the right incentives for both those inside the Pentagon and defense contractors. "You have to be incentivized. And if you think that the money's always going to be there, you don't have as much of an incentive," Smith ...