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REAL “War Dogs” Arms Dealer Exposes INSANE Government Corruption, Fraud, & National Coverups
The Iced Coffee Hour
Cost Plus Contracts and Incentives for Cost Overruns
Cost overruns are not illegal if there is a legitimate reason for the increased costs, especially in cost plus contracts where contractors aim to maximize costs to increase profits. Such contracts are used for projects with unknown R&D budgets like developing new technologies such as the F-35 fighter jet, where costs and timelines are uncertain, incentivizing the contractors to aim for higher costs to earn more profit.
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