Acquisition Reform, at a Crossroads

Excerpt:  “The acquisition reform movement of the 1990s offers lessons for policymakers currently working to reduce regulatory oversight of the weapons acquisition system. These changes risk diminishing competition and increasing prices on military contracts, with uncertain benefits for both the military industrial base and U.S. taxpayers. Unless policymakers critically assess the impacts of 1990s reforms, they will likely amplify inefficiencies in the weapons acquisition system.”