EDITORIAL : PENTAGON'S WAR ON WASTE TRYING TO CUT RED TAPE ISN'T MISSION IMPOSSIBLE.Call it the Pentagon's surprise attack on red tape. And a refreshing surprise it is. As if to prove that the Department of Defense doesn't always have to do everything the hard way, the Air Force has signed a contract with Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. Co. for six F-16 jet fighters Jet fighter may refer to:
This improvement comes as a result of concerted efforts at the federal level to streamline the Defense Department's notoriouly complex procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. procedures. That's a commendable goal, since unnecessary paper work and similar foolishness have been taking a significant share of the $200 billion the Pentagon spends each year for goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . Some officials estimate that the war on red tape could save taxpayers as much as $15 billion to $20 billion a year. This sure looks like progress, assuming that the Air Force also has exercised diligence to avoid a repeat of earlier fiascoes like spending $436 for hammers and $999 for pliers pliers, n a tool of pincer design with jaws of varying shapes; used for holding, bending, stretching, contouring, and cutting. pliers, contouring, n . |
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