Re:The Military-Industrial Stock Buyback Complex
by abfan1127 on Sunday April 16, 2023 @11:24AM
(#35590760)
The idea is that the companies most efficient at delivering contracts (missiles, planes, bombs) stay in business and the less efficient go out of business. This does require corruption remain out of the bid process...
[ Parent
| on HN ]
Re:The Military-Industrial Stock Buyback Complex
by NickC25 on Sunday April 16, 2023 @11:34AM
(#35590865)
I mean, I get it. There's a national security risk in letting major defense contractors go out of business.
So, naturally, as taxpayers, we should be kept in the loop on how much it costs, why we're paying it, and complete transparency with regards to how such entities are spending their (read: our taxpayer) money. That's not the case today.