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Ultimately the US taxpayers will eat the loss in either case. If the government tried to charge it back to Lockheed Martin they'd just raise the price on subseq
by zrail 1y ago
Ultimately the US taxpayers will eat the loss in either case. If the government tried to charge it back to Lockheed Martin they'd just raise the price on subsequent programs to compensate.
The government does insure weapons of war. Who would write the policy?
- zrail 1y agolate edit: "does _not_ insure weapons of war"
- bedane 1y agois insurance for military equipment a thing? I had no idea. If you have very deep pockets like a nation has, why not simply replace the lost hardware and never insure/pay premiums(which would be calculated to net a profit to the insurer)?
- zrail 1y agough I meant "does _not_" that's what I get for posting while eating breakfast.
- varispeed 1y agoUsually wars, vis major are exceptions in insurance policies.
- analog31 1y ago... as is farce majeur.