Lockheed Martin's chief financial officer said today he remains optimistic about reaching resolution on a controversial Pentagon proposal on progress payments issued last year, but noted "we're going to be talking about this for a while." The Defense Department last year published a rule seeking to reduce customary progress payments for large businesses. DOD said the rule was implementing Section 831 of the Fiscal Year 2017 National Defense Authorization Act, which called for a preference for performance-based payments.
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