enthalpy

enthalpy

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The truth shall set you free, but first it's going to piss you off

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Sunday, March 09, 2008

Posted 3/09/2008 06:01:00 PM by Douglas

As I've said before, defense contracts going to foreign companies doesn't really make much sense, so it's little surprise that it's taken Boeing a week and a half to pick their jaw up off the floor after this $35 Billion hit:

As a result, Boeing, the pride of American aerospace, was outmaneuvered on its home turf for a contract that could grow to $100 billion, becoming one of the largest military purchases in history.

Boeing received a detailed briefing from the Pentagon on Friday about why its bid fell short. Now it must decide by Wednesday whether to file a formal appeal.

Let the whining begin.

Boeing could also be forced to revisit the corruption scandal in 2004 that derailed a $20 billion deal for the company to lease refueling tankers to the Air Force. Two Boeing executives went to jail as a result, and the chief executive stepped down.

Yeah, remember those days? Back when it was more like a bad soap opera than a defense contractor.

Not just anyone in the world can make a plane the size of a 767 or an A330, but you'd think the DoD would have an interest in buying it from the country it's designed to protect.

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