THE FEDERAL GOVERNMENT HAS LONG RECOGNIZED THE NEED TO AID BOTH PRIME CONTRACTORS AND SUBCONTRACTORS IN PROVIDING ADVANCED TECHNOLOGY WEAPON SYSTEMS IN A TIMELY AND COST EFFECTIVE MANNER. THROUGH THE USE OF INCENTIVE PROGRAMS, SUCH AS IMIP (INDUSTRIAL MODERNIZATION INCENTIVES PROGRAM), TECH MOD (TECHNOLOGY MODERNIZATION), AND MANY OTHERS, INDUSTRY HAS AN OPPORTUNITY TO ADVANCE ITS TECHNOLOGY BASE. WITH GOVERNMENT INCENTIVES IN THE FORM OF SEED MONEY AND SHARED SAVINGS, THE CONTRACTOR CAN DEVELOP AND IMPLEMENT NEW TECHNOLOGY WITH LESS RISK, BOTH TECHNICAL AND FINANCIAL. THIS PAPER IS A COMPOSITE OF MANY SUCH PROGRAMS AND WAS DEVELOPED AS AN INFORMATIVE PUBLICATION FOR THOSE WHO WISH TO UNDERSTAND AND/OR PARTICIPATE.
| Number of Pages : | 19 |
| Published : | 06/01/1990 |
