02-10-2007, 06:47 PM
<!--QuoteBegin-Ravish+Feb 10 2007, 09:02 PM-->QUOTE(Ravish @ Feb 10 2007, 09:02 PM)<!--QuoteEBegin-->The most important drawback has been the delay in development of the systems and <b><span style='font-size:14pt;line-height:100%'>in cost over runs.</span></b> Both of these have ensured that we are heavily dependent on imports.
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<b>Ravish Ji :</b>
Cost Overruns?
You will find the following interesting :
<b>F-22 Raptor History</b>
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->In August 1991, the YF-22 was declared the winner. The F-22 passed milestone II in 1991. The System Operational Requirements document was validated by the Air Force and the Department of Defense (DOD) during the 1991 Advanced Tactical Fighter (ATF) Milestone II review. <b>At that time, the Air Force planned to acquire 648 F-22 operational aircraft at a cost of $86.6 billion. <span style='font-size:12pt;line-height:100%'>After the Bottom Up Review, completed by DOD in September 1993, the planned quantity of F-22s was reduced to 442 at an estimated cost of $71.6 billion</span></b><!--QuoteEnd--><!--QuoteEEnd-->
1991 : 648 F-22 at USD 86.6 Billion i.e. about USD 133 Million Each
1993 : 442 F-22 at USD 71.6 Billion i.e. about USD 162 Million Each
Now : About USD 340 Million Each
Have personally read the following news items in the US Media :
General Electric Boat Company â Manufacture of US Nuclear Submarines :
1. Cost of Nuclear Compatible Hand Battery Torch : USD 4,400. The same available in the store at USD 14
2. Cost of Deep Depth Compatible Toilet Seats : USD 4,000. The same available in the store at USD 10
<b>Long Live Private Enterprise</b>
Trust you are aware that the present F-16 Fighter Bombers are being given to the Pakistan Air Force to keep the Manufacturing Plant in Texas from Closing Down.
Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->