PPRuNe Forums - View Single Post - F-35 Cancelled, then what ?
View Single Post
Old 8th Dec 2012, 08:17
  #410 (permalink)  
ORAC
Ecce Homo! Loquitur...
 
Join Date: Jul 2000
Location: Peripatetic
Posts: 17,560
Received 1,693 Likes on 778 Posts
which was low bid and wrong, boeing is eating that for now, will make it up on the future buys and i don't think it was a fixed price bid, perhaps you should check again...there is a limited usg liability in the over runs which boeing said it would exceed a month later
No, Boeing deliberately undercut Airbus to get the contract, knowing the'd lose money. They have a fixed price contract with the DoD and they will have to absorb all additional costs. The only risk to the DoD is if they have to renegotiate as a result of sequestration.

May I suggest that when you are in a hole, you should stop digging.....
ORAC is offline