Time And Materials Contracts

topic on 1 show · 1 statements across 1 episodes

20VC

1 statements about Time And Materials Contracts, every show

20VC Opinion
Luckey: Time-and-materials contracts force defense primes to discard past work
“In the defense space, because of the way the incentives work, where most contractors are paid kind of on a time and materials basis, they're incentivized to do the same work over and over again. They're basically incentivized to throw away everything they've d…”
Palmer Luckey Sep 28, 2020 ▶ 12:14 20VC: Anduril Founder, Palmer Luckey: "I Am Here To Build a $50Bn Company", How Palmer Evaluates His Relationship To Money Pre & Post Oculus' $2.3Bn Exit & Why The US DOD Needs To Be More Like China in It's Approach

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