The losing players in the $80 billion Long-Range Strike Bomber (LRS-B) program bid are spinning a narrative of “bet the company” low-ball costs. It might be argued that the major contractor on the F-35 Joint Strike Fighter along with the KC-46 prime are qualified to recognize an unrealistic bid when they see one, but it will be hard to prove underbidding in the face of two independent reviews, one by the Air Force and the other by the Pentagon’s Cost Analysis and Program ...

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