The problem here, as in most large government contracts (aerospace is a prime example) is that all the bidders know that an honest bid will never win. So, to win, all the bidders knowingly underbid, and hope that they can get adequate funds as an add-on, when the project as bid begins to obviously fail.
The only way to stop this would be to punish the contractors of the failing projects in some extreme way.But that, of course, will never happen.
The only way to stop this would be to punish the contractors of the failing projects in some extreme way.But that, of course, will never happen.
Anybody want an F-35?