Dec 8th 2012, 14:29:34
yes and no, certain number fudging is illegal.
cloaked: I don't consider myself fooled in any respect. The idea of even talking about things like fuel and maintenance over the lifecycle is highly atypical for a procurement. Why are we suddenly talking about these things with the F-35's when we never do when it comes to other major procurements? Why?
There is nothing deceptive about only reporting the purchase price, because that is simply how it works. The Purchase price is a stock variable and gets booked into the fiscal plan immediately (even if the actual cost is incurred over time), where as operating costs are flow variables and do not get booked until they are incurred.
cloaked: I don't consider myself fooled in any respect. The idea of even talking about things like fuel and maintenance over the lifecycle is highly atypical for a procurement. Why are we suddenly talking about these things with the F-35's when we never do when it comes to other major procurements? Why?
There is nothing deceptive about only reporting the purchase price, because that is simply how it works. The Purchase price is a stock variable and gets booked into the fiscal plan immediately (even if the actual cost is incurred over time), where as operating costs are flow variables and do not get booked until they are incurred.