• athos77@kbin.social
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    5 months ago

    tl;dr:

    Inflation played havoc with cost estimates […] Pandemic-driven supply-chain challenges and labor shortages […] Executives of U.S. defense contractors tried to reassure investors they wouldn’t chase projects that presented high risks for cost overruns.

  • Papamousse@beehaw.org
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    5 months ago

    Understandable, gov can say “I will buy 100 planes at $750M each”, but it costs you $1B each, so you say no thanks

    • Overzeetop@beehaw.org
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      5 months ago

      That’s what a contract is. In promise to pay and you promise to deliver. Would the corporations only accept $650M each if it ended up costing them $100M less to make each one? No, of course not, they’d bill the full $750M because that’s what they bid. Finding out that you underbid or under negotiated is a risk of contractual business.

      Corps need to put their big girl panties on and deliver. Maybe pay the executives less next year instead.

      • PowerCrazy
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        5 months ago

        Maybe national security industries shouldn’t be in the hands of private enterprise?