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progress payment

Eric Fanning
Industry News/News
Aerospace & Defense Industry Recorded $874B in 2020 Revenue; AIA’s Eric Fanning Quoted

The Aerospace Industries Association (AIA) has released a report saying the aerospace and defense industry was still able to record $874 billion in revenues, contribute $90.6 billion in exports and hired 2.09

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by Jane Edwards
September 20, 2021
Alan Shaffer
News/Press Releases
Alan Shaffer on Pentagon’s Support to Defense Supply Chain During Pandemic

Alan Shaffer, deputy undersecretary for acquisition and sustainment at the Department of Defense (DoD), said the Pentagon has made contract actions worth nearly $4.5 billion through the Defense Production Act Title III and other

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by Jane Edwards
July 14, 2020
Sen. Elizabeth Warre
News/Press Releases
Sen. Elizabeth Warren Wants Pentagon to Shed Light on Increased Progress Payment Rates

Sen. Elizabeth Warren (D-Mass.) has asked the Department of Defense (DoD) to answer some questions about the increased progress payment rates for contractors. DoD released a memo in March that increases the progress payment rates to

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by Jane Edwards
May 7, 2020
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