Key Takeaways

  • A key defense industry organization is urging the Trump administration to make more aggressive changes to the federal acquisition process.
  • The Aerospace Industries Association has taken significant steps to reform the Federal Acquisition Regulations (FAR) but could ‘go farther’ to achieve President Trump’s vision of faster acquisitions and better results.
  • Industry argues that current requirements for cost and pricing data are overly burdensome and lead to companies choosing not to work with the government.

Strategic Implications

This recommendation may indicate a desire to simplify the acquisition process and reduce industry burden. The focus on streamlining regulations could benefit all three competitors, regardless of final award. However, it is unclear whether the administration will adopt these recommendations, which could impact the competitiveness of defense contractors.