Alphabet Soup: PAUCs, APUCs, URFs, Cost Variances and Other Pricing Dodges

Part 2 in this series which should make a good set of accessory documents for people interested in the F-35 program:

Alphabet Soup: PAUCs, APUCs, URFs, Cost Variances and Other Pricing Dodges

So there you have it: PAUCs based on unachievable production numbers, APUCs derived from learning curves that never happen, URFs that assume that purchasers want to buy airplanes they cannot operate, prices translated into obsolete dollars, convenient declarations of savings to be realized 25 years from now, predictions proclaimed to be as reliable as a coin flip.