Testimony before the Committee on Armed Services United States Senate by Jonathan Etherton, Senior Fellow

The ability to earn a fair and reasonable profit is important to the success of the industrial base and our national security. It is the promise of profit that motivates companies to invest, develop new capabilities, and compete in the marketplace. Profit is the down payment for the next generation of solutions to satisfy the requirements of tomorrow. The United States federal government does not fully utilize profit to incentivize its contractors to make investments in information technology modernization and cyber security resulting in lost opportunities.