(no title)
pacificmint | 1 year ago
With cost plus contracts that’s unfortunately a feature and not a bug.
I think Boeing has just been unable to pivot to behaving differently for fixed price contracts, which is not surprising given corporate inertia.
varjag|1 year ago
wahern|1 year ago
Plus, if you already have a little fiefdom of fixed price subcontractors, you can fool yourself into believing you can take fixed price contracts on novel work, passing the burden and risk onto subcontractors, taking a slice no matter what. And that's exactly what has happened with Starliner, right? AFAIU, these valves were designed and built by subcontractors. Boeing's biggest role seems to be project management, and maybe some assembly? Except now they're even failing at that.
moralestapia|1 year ago
My personal razor,
Do not attribute to stupidity that which can be adequately explained by corruption.