I would completely agree that there are projects that are on time and on budget. The argument i should have made in a less pejorative way is, Defense contracto

I would completely agree that there are projects that are on time and on budget. The argument i should have made in a less pejorative way is, Defense contractors are in the business of selling consulting services. Fundamentally, government contractors economic incentives are more closely aligned with billable hours than shipping good software. When you sell the artifact itself, it has to be good. when you sell time, customers just have to feel good about how the time was spent.