Saturday, March 3

Defense cost overruns

The Lockheed Martin-built USS Freedom (LCS-1) is already about 100M$ over budget.

Did Lockheed Martin make any mistakes in the process? What were their profits last year?

How about this: maybe they could absorb some of that cost...

Correction: I had a 'B' above where I should have had an 'M'. My first defense-related mistake in print. Glad I got that over with! ;-)

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