Carter: Projected Cost Growth For Tanker Program Not DOD's 'Problem'

By Jordana Mishory / July 15, 2011 at 5:19 PM
Pentagon acquisition chief Ashton Carter said Boeing's projected cost growth on the aerial tanker program is not the Defense Department's problem. "It's a fixed-price contract, and it was written with the protections for the taxpayer," Carter said today at a Brookings Institution event in Washington. "So the fact that Boeing decided that it would lose money in the development phase, presumably in the hopes of making money during the production phase, is a decision they made. And that's not a...

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