>>hen LCS was first conceived earlier this decade, it was supposed to cost $220 million, but the price tag eventually more than doubled. <<
The definition of a camel is a mouse built to government specifications.
So long as the government is a willing accomplice in allowing foxed-bid contracts to magically change to time & materials contracts, we can figure on 3X, 4X and 5X multiples. If we are willing to pay more, why not take it?
True fixed bid contracts would save taxpayers’ money and limit the corruption that is so rampant in the halls of Congress.