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To: monkeyshine

it’s normal for government. bid low and get what you want with cost overruns.


9 posted on 10/26/2022 5:18:42 PM PDT by cableguymn
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To: cableguymn
it’s normal for government. bid low and get what you want with cost overruns.

There are other ways that government contracts balloon out of control as well. I worked for Martin Marietta in the early-80s. One of our contracts was the MX (Peacekeeper) missile. It was a crucial weapons system and played a big role in the eventual demise of the Soviet Union, but it was a “cost-plus” contract, meaning that it had no fixed upper limit and the company could charge whatever it needed to against it based upon their cost plus a percentage on top of that. Well, what do you think happened? Anytime some other contract with a fixed cost started to run up against its cost ceiling, we were told to just charge those costs against the MX contract.

It eventually exploded into a huge scandal, and you can be sure that similar practices were (and may still be) going on throughout the defense industry.

24 posted on 10/26/2022 5:32:05 PM PDT by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
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