Department of War CTO(@DoWCTO):Under Secretary Emil Michael (@USWREMichael) on the @DeptofWar’s framework agreements reached in its Low-Cost Containerized Missile program: "We signed four deals with new entrants... We offer these companies a contract if they deliver. This is a shared-risk model - it's not all on the government paying cost-plus, it's we pay you a fixed price when you deliver, [and] there are some benefits for delivering early and penalties for delivering late." @SenMcCormickPA @DOWResponse #PADefenseSummit

2026.07.15 15:03

Under Secretary Emil Michael (@USWREMichael) on the @DeptofWar’s framework agreements reached in its Low-Cost Containerized Missile program: "We signed four deals with new entrants... We offer these companies a contract if they deliver. This is a shared-risk model - it's not all on the government paying cost-plus, it's we pay you a fixed price when you deliver, [and] there are some benefits for delivering early and penalties for delivering late." @SenMcCormickPA @DOWResponse #PADefenseSummit#

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