cost-plus contracts
also referred to as: cost plus contracts
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Apr 4, 2023 by Palmer Luckey · across every show →
Everything said about cost-plus contracts, oldest first
Apr 4, 2023 negative
Luckey: Cost-plus contracts incentivize defense contractors to maximize costs and delays
“Most companies in this space are defense contractors. They work on cost plus contracts where they get paid for their time and their materials, and then a fixed percentage of profit up to on top of that. Usually a very small percentage of profit. And so the onl…”