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Old 30th January 2017 | 17:17
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Biggus
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Joined: Dec 2001
: Military
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From: The Roman Empire
Some (most?) of these procurement programs, such as F-35/JSF, run over many years. Presumably we don't pay all the costs up front, but in a series of payments, so do not exchange rate fluctuations effect costs throughout the life of the program, and who is to say that the exchange rate might not be more beneficial in a year or so, saving us money?
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