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DoD Unveils Lockheed Martin-Built Program Cost Evaluation Tool


2016lockheedmartinlogoTYSONS CORNER, VA, Nov. 7, 2016 — The Defense Department‘s cost assessment and program evaluation office has unveiled its new Lockheed Martin-built (NYSE: LMT) cost-tracking software to aid DoD estimators in evaluating the agency’s programs, ExecutiveBiz reported Thursday.

The FlexFile program is designed to help facilitate data collection from contractors and assess contract costs for substantial defense acquisition programs,  DoD News reported Wednesday. It gives estimators the tools needed to evaluate huge DoD programs for the 21st century.

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