Which innovative pricing strategy, first widely implemented in the 1980s, revolutionized military procurement by shifting financial risk from governments to defense contractors?

The development and pricing of military technology throughout history has dramatically influenced the outcome of conflicts and shaped global power dynamics. This trivia question explores a pivotal pricing strategy innovation that transformed modern military equipment acquisition and development. Understanding the economics behind military procurement reveals how nations balance cost, capability, and strategic advantage.

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Fixed-price incentive contracts with performance-based milestones
Cost-plus percentage contracts with unlimited government funding
Time and materials pricing with monthly renegotiation clauses
Unit price contracting with government-supplied materials