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by rm_-rf_slash 600 days ago
At least with cost plus the producers have an incentive to dedicate enormous assets to build the thing.

Government contracting is murderously complex, and factorially moreso when it involves the military.

Being off a few percentage points of the initial cost estimate can mean the difference between a profit or an 8 figure loss or more. If the profit insurance wasn’t in place, fewer contractors would take the risk.