Michael Gallagher’s letter suggests canceling the F-35 and starting on the sixth-generation aircraft program, which will somehow come in under budget. What makes him think the next large aircraft program will come in on budget? (Now-retired Lockheed Martin CEO Norman) Augustine’s Laws highlighted that problem 30 years ago. How accurate would contractors’ estimates be if every time one built a house, there was a new countertop material that nobody anticipated? How accurate is the estimate ...

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