via Bloomberg
U.S. President-elect Donald Trump has asked Lockheed Martin Corp. to reduce costs on the $379 billion F-35 fighter-jet program by at least 10 percent, according to Roger Carr, chairman of BAE Systems Plc, which is a key participant in the program.I don't buy this for a minute. My bet is that Lockheed is throwing a number out there that they think the Program Office will be pleased with so that the uniforms can sell the plan to the President Elect.
“We’ve been told through Lockheed that the president has an ambition to reduce the cost of that aircraft by a material amount of money, many percent, into double digits over a period,” Carr said in a Bloomberg Television interview Tuesday from the World Economic Forum in Davos, Switzerland. “We respect that and we’ll work towards a contribution towards that.”
Trump is a skilled negotiator and you don't lay down a solid number like 10 percent. You push for max savings!
But what has me spinning is why did BAE release this info instead of Lockheed? Games are being played!
