Obama says acquisitions program has 'run amok'
(NEWSER) - The Defense Department will add 20,000 jobs over the next 5 years in an overhaul of its $100 billion weapons-buying process, Reuters reports. New regulations will tie compensation more closely to performance, and the Pentagon will require “real, substantial” tax savings in any multiyear deals, a deputy defense secretary told Congress yesterday. The “unprecedented” plan “will result in a properly sized, well-trained, capable, and ethical workforce,” he said. More»
