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To: Tom C who wrote (13380)5/24/2002 6:46:08 PM
From: Lazarus_Long  Read Replies (2) | Respond to of 21057
 
Well, this was supposed to be firm fixed price. Once it became apparent the company might renege, the firm became somewhat jellified. Now the company and the customer are tossing in more money. But the company is still going to lose money on it.

The good old days of "get the contract at any price and we'll either get well on overruns or follow-ons" are largely gone.