Another moron that doesn't understand a bill of materials, a BOM roll-up or manufacturing accounting.
People who are clueless in the manufacturing sector should:
Posted on 09/07/2006 10:29:31 AM PDT by Grendel9
Total Purchases: $388,017,686,748
Fiscal 2005 Contract Awards Rank Parent Company Total $ DoD $ Civilian $ DoD Rank Civil. Rank 1 Lockheed Martin Corp. $26,312,273,206 $20,016,273,528 $6,295,999,676 1 1 2 Boeing Co. 21,347,810,866 18,890,249,207 2,457,561,658 2 5 3 Northrop Grumman Corp. 15,632,683,034 13,742,026,915 1,890,656,119 3 7 4 General Dynamics Corp. 11,527,395,499 11,182,583,664 344,811,834 4 38 5 Raytheon Co. 9,953,128,166 9,444,816,263 508,311,901 5 23 6 Halliburton Co. 6,099,064,859 5,956,162,998 142,901,860 6 84 7 L-3 Communications Holdings 5,341,120,624 4,849,615,503 491,505,120 8 25
(Excerpt) Read more at govexec.com ...
The important feature is the percentage of each expenditure for Department of Defense as compared to Civilian use.
SO how much did a bolt go up to? $300 to $350???
ping
I see Haliburton and Bechtel remain top 10.
But Bush's "cronies" at the University of California are not far behind. /sarc
So these are the people the government calls on to stick it to the little guy...?
FASCISM! [runs screaming for exit]
Total Purchases: $388,017,686,748
| Rank | Parent Company | Total $ | DoD $ | Civilian $ | DoD Rank | Civil. Rank |
|---|---|---|---|---|---|---|
| 1 | Lockheed Martin Corp. | $26,312,273,206 | $20,016,273,528 | $6,295,999,676 | 1 | 1 |
| 2 | Boeing Co. | 21,347,810,866 | 18,890,249,207 | 2,457,561,658 | 2 | 5 |
| 3 | Northrop Grumman Corp. | 15,632,683,034 | 13,742,026,915 | 1,890,656,119 | 3 | 7 |
| 4 | General Dynamics Corp. | 11,527,395,499 | 11,182,583,664 | 344,811,834 | 4 | 38 |
| 5 | Raytheon Co. | 9,953,128,166 | 9,444,816,263 | 508,311,901 | 5 | 23 |
| 6 | Halliburton Co. | 6,099,064,859 | 5,956,162,998 | 142,901,860 | 6 | 84 |
| 7 | L-3 Communications Holdings | 5,341,120,624 | 4,849,615,503 | 491,505,120 | 8 | 25 |
| 8 | United Technologies Corp. | 5,106,722,268 | 4,958,962,192 | 147,760,076 | 7 | 80 |
| 9 | SAIC | 4,779,067,074 | 2,788,583,917 | 1,990,483,157 | 10 | 6 |
| 10 | Bechtel Group Inc. | 4,639,268,807 | 1,556,699,544 | 3,082,569,262 | 20 | 4 |
| 11 | University of California System | 4,365,509,760 | 46,055,800 | 4,319,453,959 | 483 | 2 |
| 12 | McKesson Corp. | 4,339,016,215 | 686,640,565 | 3,652,375,650 | 47 | 3 |
| 13 | Computer Sciences Corp. | 3,835,642,052 | 2,476,947,021 | 1,358,695,030 | 13 | 11 |
| 14 | BAE Systems | 2,828,616,032 | 2,639,489,889 | 189,126,142 | 11 | 65 |
| 15 | Carlyle Group | 2,799,469,184 | 2,788,687,206 | 10,781,977 | 9 | 995 |
| 16 | General Electric Co. | 2,655,107,490 | 2,533,782,945 | 121,324,544 | 12 | 102 |
| 17 | Honeywell Inc. | 2,359,571,322 | 1,506,201,478 | 853,369,843 | 22 | 16 |
| 18 | Humana Inc. | 2,261,208,710 | 2,260,685,194 | 523,515 | 14 | - |
| 19 | Textron Inc. | 2,188,084,776 | 2,178,913,071 | 9,171,704 | 15 | - |
| 20 | Occupational Health Services | 2,037,547,318 | 2,029,407,644 | 8,139,673 | 16 | - |
Another moron that doesn't understand a bill of materials, a BOM roll-up or manufacturing accounting.
People who are clueless in the manufacturing sector should:
In all seriousness, you are telling me is that there NEVER is any cost over charge (ie ripping off the tax payers) by any company with a government contract? NEVER EVER?
.Bechtel Group Inc.Bechtel Group Inc., Parsons Flour, First Kuwaiti trading and contracting, Halliburton,gilbane,perini, Pacfic Architects and Engineers
These are undoubtrdly the firms rebuilding Iraq and Afghanistan.
All except the Kuwait trading co were players during the Vietnam effort.
I am not saying that. The decades old notion that a single toilet seat cost $700 is ridiculous. I've worked in various capacities in R&D, design, planning and manufacturing most of my life and happen to know how costs are derived and accounted for. An error in a BOM cost roll-up can totally mislead the result. But let the media get hold of it, it becomes headlines, and the sheep believe it, without question, as gospel.
OMG. The government actually buys stuff. From companies even. It's a scandal!!
I've seen a bolt that cost over $1,200. However, it was high-strength, spring-loaded, and was specifically designed and manufactured for a system with a very limited manufacturing run of probably only a few hundred. The cost was understandable.
There is also over charging in the private sector. I went to a ball game and they charged me 4.50 for a hot dog, 4.50 for a drink and 4.50 for a frozen chocolate malt. That's a total rip off.
That's it, this capitalism thing has got to stop!
And it's why the stadium wasn't full even though they claim there were more there than really was (sold tickets doesn't = butts in the seats).
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