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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