That is exactly what P&W said about the PW F100-PW-200 engine that powered the F-16A/B. What happened subsequently is history. The one thing about history is we learn we don't learn. Mr. Croswell apparently never studied the history of the F-16 Fighter and its initial single sourced engine.
The other business history lesson is that you never publicly criticize your customer whether you are President or not, especially when you say your deficient management systems don't represent the end product.