Air Force pares contracts in cost-reduction move

Exelis, Computer Sciences Corp. and Raytheon risk losing $3 billion in rocket-launch revenue during the next decade as the U.S. Air Force consolidates contracts to reduce costs.

The Air Force plans to save at least 5 percent by eliminating redundancies in three maintenance and engineering contracts, Christina Sukach, a spokeswoman for the Air Force Space Command, said in an e-mail.

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Amy Shipley 13 Feb, 2012


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Source: http://feeds.washingtonpost.com/click.phdo?i=d9c5214d0d6c0bdd10e458a8c0ae76de
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