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Lockheed In Danger Of Losing Pentagon Cert.  
User currently offlinekanban From United States of America, joined Jan 2008, 3738 posts, RR: 27
Posted (4 years 1 month 3 weeks 2 hours ago) and read 5210 times:
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The following article implies problems on tracking costs.
http://www.bloomberg.com/news/2010-1...em-on-deficiencies.html?cmpid=yhoo

"The system used by No. 1 defense contractor Lockheed Martin Corp.’s aircraft unit to track aircraft costs and schedules has lost its Pentagon certification because of persistent deficiencies, a Defense Department spokeswoman said. "

Is this another problem?

5 replies: All unread, jump to last
 
User currently offlineebj1248650 From United States of America, joined Jun 2005, 1932 posts, RR: 1
Reply 1, posted (4 years 1 month 3 weeks 1 hour ago) and read 5107 times:

The system they use may have lost its certification but that doesn't mean the company has. The title of this thread is misleading.


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User currently offlinePPVRA From Brazil, joined Nov 2004, 8971 posts, RR: 39
Reply 2, posted (4 years 1 month 2 weeks 6 days 20 hours ago) and read 4951 times:

Does anyone know what this system is called?


"If goods do not cross borders, soldiers will" - Frederic Bastiat
User currently offline474218 From United States of America, joined Oct 2005, 6340 posts, RR: 9
Reply 3, posted (4 years 1 month 2 weeks 6 days 19 hours ago) and read 4934 times:

Quoting PPVRA (Reply 2):
Does anyone know what this system is called?

It was in the article "earned value management system"?


User currently offlinePPVRA From Brazil, joined Nov 2004, 8971 posts, RR: 39
Reply 4, posted (4 years 1 month 2 weeks 6 days 9 hours ago) and read 4740 times:

Quoting 474218 (Reply 3):
It was in the article "earned value management system"?

That sounds more like the type of thing it does than the brand, like SAP or Oracle.



"If goods do not cross borders, soldiers will" - Frederic Bastiat
User currently offlineDLPMMM From United States of America, joined Apr 2005, 3596 posts, RR: 10
Reply 5, posted (4 years 1 month 1 day ago) and read 3885 times:

Sounds like they failed their DCAA audits and then did not rectify the problems found.

There will be some meetings and nasty letters, and some payments may be delayed, and a few people might get the axe, but it will all be smoothed over in the end.


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