Weapons

Our weapons superiority is keeping our military strong.  We need to insure that it stays that way.  We can afford it.  Our military budget is actually at a low point as a percentage of GDP.  But weapons costs could be reduced with better contracting procedures.  I was a defense engineer for forty years.  During that time many times I was employed in a make work capacity.  Profits of military contractors are closely examined by congress to ensure that they do not make excess profits.  The criteria is usually that profit is a  maximum percentage of the contract price.  There is a stong incentive to increase the contract cost to increase the profit with fixed percentage profit contracts.  The govenment goes along with this as it creates more jobs and keeps politicians in power.

Other times we had to work hard to make deadlines.  The space race was such a time.

7 thoughts on “Weapons

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  2. Hi, i read your blog from time to time and i own a similar one and i was just wondering if you get a lot of spam feedback? If so how do you prevent it, any plugin or anything you can recommend? I get so much lately it’s driving me mad so any support is very much appreciated.

    • Depends how you define spam. Almost everyone commenting has a web site they want to reference. With WordPress you control the comments but it does take time. There is a spam filter in Wordprss. .

  3. Well it really is this simple about weapons costs. Contractors on competitive programs should be allowed to keep all their profits and they would have incentive to reduce costs instead of the current system which rewards high prices.
    Our weapons althought the best are getting old even advanced aircraft like the F-22 which I worked on 25 years ago. Production was halted by the president in 2009. We need new ships and aircraft.
    Weapons costs are a bubble like lots of other costs in our economy. We need to get out of the inflation mentality and allow costs to seek their proper level. Politicians and the Fed keep trying to prevent deflation and want growth to keep growing government. Japan has been doing this for 25 years without success but they do not know what else to do. “Free Maket Capitalism is the best answer.” – the Kudlow Show – CNBC

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