Larry J
2012-01-23 13:48:32
Many of the F-35 delays and cost overruns trace back to the contractor, Lockheed-Martin (AKA “Overruns R Us”). The fact is that the Marines need the STOVL (short takeoff, vertical landing) version of the F-35 and it’s completely reasonable for them to insist their needs be met. LM did it’s usual con-job of lowballing the price estimate and making it up on cost-plus contracts. They did the same thing with the F-22, AEHF and SBIRS satellites and it’s a common business practice there. Over-promise, under deliver and stick the taxpayers with the tab is how they do business.
