What profits should we be willing to pay defense firms?
One of the long-standing problems has been the fact that the government tends to pay profit as a percentage of cost. If a contractor is […]
defense profits
The astronomical cost of winning contracts
It’s hard to believe that Boeing was a long-shot to win an aircraft program, but it appears that there were 6 other competitors at some level. What I find interesting is the coincidence of Boeing having both the lowest price and the only clean-sheet design. Optimism, perhaps?