It has a piece of overly optimistic reporting on Quickstep and its industry hopes on the F-35.
It states that they hope for $700M over 20 years on F-35 work.
Yet in 2010 that was shown as "potential".
The article also implies that the U.S. is going to get 2400-some F-35s.
Given how the business plan has fallen down for the F-35, that many jets is a very big dream.
Poor investors getting mislead by a puff-piece article by an alleged leader in Australia on big-business finance "reporting".
I wonder where the rent-seekers will see their billions in F-35 work for Australia?
2 comments:
Yep, and guaranteed by your money and mine.
"Government export finance guarantees Quickstep JSF composites success"
http://www.manmonthly.com.au/news/government-export-finance-guarantees-quickstep-jsf
isn't the F-35 an ideal system to repel the Red Chinese Peoples' Liberation Navy amphibious assault crafts headed for Long Beach, California & possibly North Island near San Diego? I'm freaked out, just thinking about it - sneaky Orientals.
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