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To be blunt, that perspective is misguided and unrealistic. I assume these contracts allowed for a partial termination, this isn't uncommon. There is no indica
by crisdux 6y ago
To be blunt, that perspective is misguided and unrealistic. I assume these contracts allowed for a partial termination, this isn't uncommon. There is no indication these were broken unlawfully.
In the case with Phillips, they already delivered 1/4th of the ventilators, there are reports all over the place stating that these were overpaid for. Of course the government overpaid for these. They were in a situation were they had to. Phillips even made indications in their earnings reports that these are contributing significant profit.
These manufacturers would not hesitate to enter one of these contracts again in the future.
- tinus_hn 6y agoThe contracts were not broken unlawfully because the government is allowed to break contracts at will.