22 March 2009
A400M Troubles Continue
Best evidence of this is that the seven partner nations in the program have agreed to a moratorium on cancellation until July.
They are not agreeing to continue, they are just saying that they won't cancel in the next 4 months, because the program is 4 years behind schedule, and well over budget.
I think that the new lesson of defense procurement is never buy anything unless you can cancel it when costs escalate and schedule slips.
They are not agreeing to continue, they are just saying that they won't cancel in the next 4 months, because the program is 4 years behind schedule, and well over budget.
I think that the new lesson of defense procurement is never buy anything unless you can cancel it when costs escalate and schedule slips.
Labels:
Aviation
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Defense Procurement
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Europe
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