Summary

Portrait of Barack Obama Barack Obama A New Way of Doing Business — Barack Obama's presidential speeches

In Iraq, too much money has been paid out for services that were never performed, buildings that were never completed, companies that skimmed off the top. At home, too many contractors have been allowed to get away with delay after delay after delay in developing unproven weapon systems.
It's time for this waste and inefficiency to end. It's time for a government that only invests in what works. And what's encouraging is, is that there is broad bipartisan consensus on behalf of reform, and we are committed to taking swift action that changes our system of contracting to save taxpayers' money.
Source: Wikisource

Portrait of Barack Obama Barack Obama A New Way of Doing Business — Barack Obama's presidential speeches

It's time to end the extra costs and long delays that are all too common in our defense contracting. We need to invest in technologies that are proven and cost-effective. We need more competition for contracts and more oversight as they're carried out. If a system isn't ready to be developed, we shouldn't pour resources into it. And if a system is plagued by cost overruns, it should be reformed. No more excuses, no more delays. The days of giving defense contractors a blank check are over.
Source: Wikisource

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