Podcast: The Productivity of Defense Independent R&D
George Mason University and Wharton Aerospace Community held an excellent event on the productivity of independent research and development (IR&D). Discussing the topic was an insightful […]
return on investment
Rickover on profits invisible to government
Suppose it costs the parts supplier $100 to make the parts. To this he adds 10 percent for profit. He then charges the motor manufacturer […]