Perspective
Jun. 16, 2010
War on Fraud in The Defense Industry
President Barack Obama's war on fraud in the defense industry is gaining momentum, and this won't be slowing down any time soon, says Thomas Gallagher of Pepper Hamilton.
In March 2009 President Barack Obama took aim at wasteful government spending, and defense contractor fraud was at the center of the bull's eye. He declared war on the "outright fraud" present in government contracts, causing losses in the billions of dollars. The President decried the "broken" contracting system and announced procurement reform and renewed enforcement efforts. He stated: "We are spendin...
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