The Pentagon's effort to cut more than $100 billion in administrative costs over the next several years is expected to take a new direction on Monday with proposals that could lower profits for military companies.

Industry officials said that Ashton B. Carter, the under secretary of defense for acquisition, had called a meeting with contractors and lobbyists to address ways to cut waste. In addition to trimming its own bureaucracy, the Pentagon is looking for savings in how it hands out hundreds of billions of dollars in contracts for weapons and services each year.

Read the entire New York Times article here.