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I don't think aerospace is a good example of efficiency in the private sector. Lockheed Martin did the F-35 and it's main competition in the US is Boeing... I'
by tdb7893 6mo ago
I don't think aerospace is a good example of efficiency in the private sector. Lockheed Martin did the F-35 and it's main competition in the US is Boeing...
I'm not an expert but from my friends in the industry (including multiple at Lockheed and Boeing), it's definitely not a story about how good and efficient the private sector is. Boeing especially sounds like it's been a real mess with a lot of project management issues.
- Rover222 6mo agoThose traditional prime contractors are basically part of the govt bureaucracy with how they operate. SpaceX and Anduril are good counterpoints.
- greedo 6mo agoTake a gander at how much SpaceX has benefited from government contracts. And for Anduril, well the phrase "all hat, no cattle" is pretty appropriate. In all my years I've never seen so much hype for a company that really hasn't produced much.
- Rover222 6mo agoI don't know what your point is in this context. They won contracts because they were the cheapest (most efficient) provider of the services. And federal contracts are a small part of the their current revenue.
- tdb7893 6mo agoBoeing's commercial (not government contracting) division is famously dysfunctional and has been for a long time.