On Mon, 05 Apr 2004 18:53:23 -0700, Henry J Cobb wrote:

http://www.reuters.com/newsArticle.j...toryID=4756042
In a report to Congress, the Pentagon said JSF costs were rising due
to increasing contractor labor and overhead costs and a delay in the
start of procurement from 2006 to 2007, as well as the addition of a
new optical tracking system.

This isn't the first time Lockmart has had runaway costs.

http://federaltimes.com/index.php?S=2790447
So Pedeleose took his concerns to the Defense Criminal Investigative
Service, which concluded, in a November 2001 report, that Lockheed’s
prices were “based on cost and pricing data that was known to be false
and purposely overstated.”

-HJC
How do you get runaway labor costs when unemployment is so high?


Interesting the Dollar is weaker against other currencies, so the non
US suppliers are being priced out of the contracts, this may have
something to do with it, no cheap labour.

But if too much non US content is lost will those non US companies
jump ship.

It will need a fantastic balancing act to get this right..

Cheers
John Cook

Any spelling mistakes/grammatic errors are there purely to annoy. All
opinions are mine, not TAFE's however much they beg me for them.

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