[Neil E. Wright]

Interesting article articulating the Obummer regime's continued destruction of the military and the country.

“Where liberty dwells, there is my country." –Benjamin Franklin

Islam Delenda Est!

REFUSE. RESIST. Do NOT Submit! ★FREEDOM!★

[djwright]

It was nuts to stop making F-22s before the F-35 came on line.

If Obama wanted shovel ready jobs he could have saved those.

[conservatism_IS_compassion]

The way you distort economic decisions beyond recognition is to confound the average cost with the marginal cost of production. It costs billions to develop the ability to make a new modern aircraft, without building any for military inventory. Once that money is spent, it is gone - and becomes like “the three most useless things in aviation: runway behind you, altitude above you, and fuel used.” That is, from then on any economic decisions about the production of that aircraft should ignore that sunk cost.

When you then compare the cost of that plane, with production capability in being, with a paper tiger “newer, better, cheaper” aircraft the capability to produce which would have to be developed at the cost of billions of dollars, you then must compare the marginal cost of production of the old model with the projected average cost of the new model, based on a realistic projection of how many of the new model will be built. Only thus can you keep from making “better” be the enemy of good enough, and produce enough of a given old model to make development of it be worthwhile.

Actual average cost can only be determined after the project is finally cancelled. Estimates of average cost while a program is ongoing (or afterward) and after the development costs are sunk are relevant only for judging the extent to which the development money was well spent based on how much the services and foreign customers are willing to spend per unit to by the aircraft.