mjt@super.org (Michael J. Tighe) (05/22/89)
From: Michael J. Tighe <mjt@super.org> >From Article 1428 in sci.military: > From: chenj@cmcl2.NYU.EDU (James Chen) > One point I never understood on Northrop's private funding > of the F-20 is how a company can loss $1 billion on any project > without going broke. Didn't they get any funding to cover expense? > Or is this billion dollar label inflated? First, I doubt they "lost" the money. I am sure they were able to write it off. Plus, at the time they knew (and we the public did not) that they had one of the biggest contracts of them all, the B2 stealth bomber (132 planes x $500 million = 66 billion dollars). -- Mike Tighe mjt@super.org