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EIA SUPPORTS PRESIDENT BUSH'S DEFENSE PROCUREMENT REFORM PACKAGE

EIA SUPPORTS PRESIDENT BUSH'S DEFENSE PROCUREMENT REFORM PACKAGE
 /ADVANCE/ WASHINGTON, June 19 /PRNewswire/ -- The Electronic Industries Association issued the following:
 The Electronic Industries Association's (EIA) Government Division applauds the president's decision today to change the federal defense procurement policy, thus making it easier to convert military technology to commercial uses.
 The president's action, which includes abolition of the "recoupment of non-recurring costs" rule, will greatly aid the defense contracting community in their journey toward becoming a more diversified and competitive business sector.
 Although the president's policy changes go a long way, it is critical that the Congress move quickly and pass the president's reform package if this significant initiative is to have full impact.
 For 68 years the Electronic Industries Association has been the national trade organization representing U.S. electronics manufacturers. Committed to the competitiveness of the American producer, EIA represents the entire spectrum of companies involved in the manufacture of electronic components, parts, systems and equipment for communications, industrial, government and consumer-end uses.
 -0- 6/19/92/1530
 /CONTACT: Mark V. Rosenker, vice president, public affairs, Electronic Industries Association, 202-457-4980/ CO: Electronic Industries Association ST: District of Columbia IN: ARO SU: EXE


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Publication:PR Newswire
Date:Jun 19, 1992
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