“It is utterly unconscionable — utterly unconscionable — that Congress will allow sequestration to go on.”
Those are the words of Frank Kendall, the Pentagon’s head of acquisition, speaking to an audience of several hundred New York financial types. Kendall is just back from a trip to Afghanistan and he had heard from soldiers there who worried they would be furloughed if sequestration goes through. They won’t be — military personnel salaries are exempted from sequestration, so only federal civilians will be affected — but worry and uncertainty can weaken any organization, and Kendall was visibly angry as he spoke.
But sequestration wasn’t the only issue on Kendall’s agenda at yesterday’s conference on the aerospace and defense sector put on by the Cowen Group.
Kendall told the audience of several hundred Wall Street financiers that he planned to push for more competitive prototyping, more Performance Based Logistics (PBL) contracts, and more of the wide array of acquisition reforms the Pentagon groups under the rubric Better Buying Power 2.
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