21–30 of 440 posts
Who eats the loss under such circumstances? Government or Lockheed Martin or are these 200 million dollar jets insured ?
Its FREE money!!!
Who eats the loss under such circumstances? Government or Lockheed Martin or are these 200 million dollar jets insured ?
Ultimately the US taxpayers will eat the loss in either case. If the government tried to charge it back to Lockheed Martin they'd just raise the price on subsequent programs to compensate. The government does insure weapons of war. Who would write the policy?
If you have very deep pockets like a nation has, why not simply replace the lost hardware and never insure/pay premiums(which would be calculated to net a profit to the insurer)?
But why was there water in the hydraulic system in the first place?
Likely contamination of ground handling equipment [1]. Unfortunately can happen. I wonder if the hydraulic fluid is hygroscopic or something? 1. https://www.pacaf.af.mil/Portals/6/documents/3_AIB%20Report....
> "they likely would have advised a planned full stop landing or a controlled ejection instead of a second touch-and-go" Is that not what the pilot did anyway? Or is a "controlled ejection" different from what they did?
The article mentioned that the aircraft become uncontrollable once it thought it was on the ground and switched control modes. And then the pilot ejected. I assume a controlled ejection would have been during controlled flight at a time and location specifically chosen. This ejection was necessary because the plane was uncontrollable in the end.
Who eats the loss under such circumstances? Government or Lockheed Martin or are these 200 million dollar jets insured ?
Ultimately the US taxpayers will eat the loss in either case. If the government tried to charge it back to Lockheed Martin they'd just raise the price on subsequent programs to compensate. The government does insure weapons of war. Who would write the policy?