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What reason did they have for continuing unprofitable work? I can see waiting out a contract, but after continuously having to offset costs you'd think someone
by perfectritone 3y ago
What reason did they have for continuing unprofitable work? I can see waiting out a contract, but after continuously having to offset costs you'd think someone would suggest simply sticking with governmental contracts.
- londons_explore 3y agoI suspect some contracts were probably done as favours to the US government.
- alfalfasprout 3y agoAlmost certainly some people were getting kickbacks for the work. With stuff like this it's rare there's not abundant personal incentives for those involved to continue the fraud.
- recursivecaveat 3y agoIt's unclear to me from the article, but if the unprofitable work was required in order to generate costs that could plausibly be attributed to a cost+ contract, then they could still be coming out ahead. Another reason might be just empire building. Better to be in charge of a big pie with good profit than small pie with great profit.