Saturday, March 05, 2011

It's one thing to win, entirely different thing to make money

I'm reading about 'Boeing's next tanker challenge: Meeting deadlines, making money' on Fluent News. Here is the link: http://fluentnews.com/s/26530841

Back when Northrop-Grumman was just plain Northrop, it had a big sub-contract building a big part of the Boeing 747.

The good news: Northrop negotiated a renewal of it's contract with Boeing, landing some mucky-mucky a nice bonus.

The bad news: Northrop wasn't going to make any money under the terms of the contract.

End result: Northrop sold off the commercial side of the business building 747 fuselage and only build military aircraft.

Now Boeing has won the KC-X contract, it needs to figure out how to make money and meet schedule under the terms of the contract.

As my wife tells me, "All women put on a act to get a husband".

Some men are too easily fooled, she tells me.

The government seems easily fooled.

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