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How do they justify charging £25,000 for an LED? Is there something special about that LED, or is it literally just that they've got a defense contract, and onc
by jon-wood 11y ago
How do they justify charging £25,000 for an LED? Is there something special about that LED, or is it literally just that they've got a defense contract, and once the contract is signed nobody is paying any attention?
- pixl97 11y agoWhen you have to keep an enormous amount of paperwork and for that single lead, tracking every single point in the supply chain, things get far more expensive.
- madaxe_again 11y agoThis is part of it, yes. The MOD and others have an incredible filing system that hasn't changed in about 40 years. In essence, it comprises generating an absurd amount of hard-copy documentation for everything (buying a new LED for a fast jet, for instance, is probably 80 pages all said and done), filing that documentation (every department and even hangar have their own way of filing documentation), storing that filed documentation, and then 40 years later destroying that filed documentation without anyone having ever looked at it. It boils down to "cover your ass".