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kanban
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Joined: Sun Jan 06, 2008 1:00 am

Lockheed In Danger Of Losing Pentagon Cert.

Tue Oct 05, 2010 8:10 pm

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?
 
ebj1248650
Posts: 1517
Joined: Mon Jun 06, 2005 6:17 am

RE: Lockheed In Danger Of Losing Pentagon Cert.

Tue Oct 05, 2010 9:36 pm

The system they use may have lost its certification but that doesn't mean the company has. The title of this thread is misleading.
Dare to dream; dream big!
 
PPVRA
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Joined: Fri Nov 12, 2004 7:48 am

RE: Lockheed In Danger Of Losing Pentagon Cert.

Wed Oct 06, 2010 2:49 am

Does anyone know what this system is called?
"If goods do not cross borders, soldiers will" - Frederic Bastiat
 
474218
Posts: 4510
Joined: Mon Oct 10, 2005 12:27 pm

RE: Lockheed In Danger Of Losing Pentagon Cert.

Wed Oct 06, 2010 3:19 am

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

It was in the article "earned value management system"?
 
PPVRA
Posts: 7878
Joined: Fri Nov 12, 2004 7:48 am

RE: Lockheed In Danger Of Losing Pentagon Cert.

Wed Oct 06, 2010 1:29 pm

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
 
DLPMMM
Posts: 2137
Joined: Wed Apr 20, 2005 12:34 am

RE: Lockheed In Danger Of Losing Pentagon Cert.

Mon Oct 25, 2010 10:08 pm

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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