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But at least it's American companies those extra billion $$ are going to..
No, coming from - cost capped - all from Boeing and any other cost sharing subcontractors...... 29th Oct 2014 11:40
Oh, I imagine they will somehow factor that into the subsequent lot orders- thats when you really make the big bucks. The taxpayer again will eventually be the loser. Boeing really seems to have lost the bubble on wiring issues.
Ahh an edit direct from the article: "Boeing executives previously have said they expect to recoup the $1 billion in excess development costs during the program’s $39 billion production phase". How nice of them. So they eat the overrun now, and quietly tack it on during subsequent orders. I am quite confient that the profit margin will not suffer in the long run- even if it is their mistake.