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View Diary: In Lean Times, Military Spending Still Gets a Pass (19 comments)

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  •  Just To Add Maybe Some "Inside" Info (3+ / 0-)
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    SallyCat, melpomene1, allenjo

    During the Cold War and even now our government has basically done all the R&D (and footed the entire bill) on defense equipment for NATO. Pretty much whatever we develop at the cost of billions and billions they buy. It is just the way it works.

    I had a client that was one of only two companies in the world that made ejection seats for fighter jets. They hired my firm to do a ton of PR cause they wanted the contract for the Joint Strike Fighter. A jet that will replace all the fighters we have now across both the Navy and Air Force.

    It was do or die for the future of their firm, cause once it is finalized, all of NATO and Israel will also buy the Joint Strike Fighter. It will be the only "game in town." And which ever firm didn't get the contract was done.

    It is the same for many other major systems and equipment. This works well for our defense contractors, cause the DoD foots the bill. Works well for NATO nations cause they buy the finished product without paying billions to develop it.

    Not so much for US taxpayers .....

    "In a time of universal deceit, telling the truth is a revolutionary act." - George Orwell

    by webranding on Mon Apr 19, 2010 at 10:01:40 AM PDT

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