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re: Boeing: After meeting with Trump we'll cut costs on AF1

Posted on 12/21/16 at 5:57 pm to
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 12/21/16 at 5:57 pm to
Imagine the military we could build if reasonable profit margins were enforced on defense contractors?
Posted by TbirdSpur2010
ALAMO CITY
Member since Dec 2010
134026 posts
Posted on 12/21/16 at 6:03 pm to
quote:

Imagine the military we could build if reasonable profit margins were enforced on defense contractors?


Word. I used to work in supply for the military. The gobs of money I saw wasted before my eyes was mind-blowing. Especially compared to the standards my civilian job upholds for its logistics.
Posted by DupontsCircle
Dupont Circle
Member since Jun 2016
5823 posts
Posted on 12/21/16 at 8:22 pm to
Actually it's mandated that profit is limited to 10%.

Now if the Contractor is cooking the books, then that's outright fraud.
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