Letter: McCain should know better

A reader writes that fixed-price contracts are lead to zero technological progress.

Regarding "McCain wants to end cost-plus contracting"

With 26 years as a senator, McCain should know better.

Fixed-price contracts are great when there are few, if any, unknowns. Nobody in their right mind would suggest or sign a fixed-price contract when development of new capabilities/technologies/products is needed. Failure of the A-12 aircraft progran is a case in point.

Fixed-price [contracts are] the pathway to zero technological progress. McCain is either firing a cheap shot, purposefully lying to further his political ambition, just plain stupid or [all of the above].

Anonymous

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