Effective immediately, the list of exceptions to certified cost or pricing data requirements at Federal Acquisition Regulation (FAR) 15.403-1(b) is expanded to include contracts, subcontracts, […]
Of course defense companies start consolidating after World War II, and then again in the 1970s after the Vietnam War. Many observers see industrial consolidation […]
Felix is developing a highly differentiated product that he’s been working on for the last 15 years that also has these massive business implications for […]
“We still have concerns, there still are roadblocks as we go to execute,” Fick said. “Everything from something as simple as U.S. government documents that […]
Military services are about creating cultures. They’re about creating the people who are dedicated to supporting specific warfighting domains, and those cultures permeate everything in […]
Back in the industrial era, the production process was described by interchangeable workers and capital assets measured by plant, equipment, and inventory. Those days have […]
Valuation of intellectual property (hereafter the broader term, intangible assets) is one of the most important and vexed issues in finance, investment and commercialisation today. […]
One tip-off is the amount of Ocasio-Cortez’s “accounting errors” is far bigger than the actual Pentagon spending from 1998 to 2015, which was $8.5 trillion. In fact, it’s also far bigger than the amount the government has spent on national security since 1940 and, in all likelihood, in the nation’s history.
When intangibles hardly matter, then capital and labor ought to be about equally productive across all firms. When intangibles matter a lot, then productivity differences will widen. What does this mean for defense organization?
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