Biz Question of the Day

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By
Muhammed El-Hasan
on January 29, 2008 10:50 AM | | Comments (0) |

The first three of Boeing's WGS satellites are under an Air Force firm fixed-price contract. These contracts are meant to keep costs down. But unexpected overruns (such as what happened with WGS) can mean less or no profits for the contractor.

So are firm fixed-price contracts a good thing?

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This page contains a single entry by Muhammed El-Hasan published on January 29, 2008 10:50 AM.

Boeing WGS update was the previous entry in this blog.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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