Your headline (May 3) stated that Rockwell International will exceed the B-1 bomber program target cost by $100 million.
Taken at face value, this would appeal to those defense critics who want everyone to believe that the defense contractors are big-time crooks who milk the government for excessive profits while compiling huge contract overruns.
The facts are, however, that the $100 million over target cost is less than one-half of 1% of the overall program cost of approximately $20 billion. This is equivalent to being charged $100.50 for a $100 estimate you might have received for car repairs at the local gas station.
In addition, it is an established fact and recognized by most government agencies that the B-1 program is one of the best managed programs in the history of the aerospace industry.