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| Close but no SIGAR? Not even close. USAF turns $549 million into just $40,257. (Page 1/1) |
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rinselberg
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MAR 03, 12:56 PM
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It's another news story that writes its own Pennock's Subject field or New Topic name.
It's also an episode that evokes the stock market bromide that the easiest way to make a small fortune by trading stocks is to start with a large fortune.
| quote | The U.S. Air Force wasted $549 million on faulty Italian-made cargo planes for the Afghan government and no one involved in the deal has been held to account, according to a new report by a government watchdog.
Neither a former U.S. Air Force general who was heavily involved in the project nor the company that sold the flawed aircraft to the Pentagon has faced prosecution over the program, the Special Inspector General for Afghanistan Reconstruction or SIGAR said in a report obtained by NBC News.
The Pentagon bought 20 G222 cargo aircraft from Alenia North America in 2008 but the planes proved unreliable, with long delays to secure the delivery of spare parts, maintenance problems and numerous complaints about their safety from Afghan pilots. The program was suspended and the planes were destroyed and turned into scrap metal in 2014, selling for $40,257, according to the report.
REPORT CONTINUES ONLINE |
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Dan De Luce for NBC News; March 3, 2021.
https://www.nbcnews.com/new...-sold-scrap-n1259332
What more do you need?
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Notorio
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MAR 03, 02:04 PM
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Groan. Heck, half a billion is almost getting into the 'real money' category. But that's surely just the first shoe dropping: the second shoe is how many additional contracts the bums received ...
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maryjane
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MAR 03, 02:07 PM
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USAF's venture with G222's follow on aircraft ( C-27J Spartan) didn't fare much better)
https://en.wikipedia.org/wi...partan#United_States
| quote | On 26 January 2012, the Department of Defense announced plans to retire all 38 USAF C-27Js on order due to excess intra-theater airlift capacity and budgetary pressures;[35] its duties are to be met by the C-130.[36] In February 2012, Alenia warned that it would not provide support for C-27Js resold by the US to international customers in competition with future orders.[37] On 23 March 2012, the USAF announced the C-27J's retirement in fiscal year 2013 after determining other program's budgetary needs and requirement changes for a new Pacific strategy.[38][39] The cut was opposed by the Air National Guard and by various legislators.[citation needed]
In July 2012, the USAF briefly suspended flight operations following a flight control system failure.[40] By 2013, newly built C-27Js were being sent directly to the Davis–Monthan Air Force Base boneyard.[41] The USAF spent $567 million on 21 C-27Js since 2007, with 16 delivered by the end of September 2013; 12 had been taken out of service while a further five were to be built by April 2014 as they were too near completion to be worth cancelling. Budget cuts motivated the divesture; a C-27J allegedly costs $308 million over its lifespan in comparison with a C-130's $213 million 25-year lifespan cost. |
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That freed up more $$ for USAF bowling alleys and swimming pools all over the world. 
USCG and Forest service got some of them from USAF inventories.
Meanwhile, the venerable Lockheed C-130 (first flight 1954) are still flying all over the world[This message has been edited by maryjane (edited 03-03-2021).]
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Notorio
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MAR 03, 11:22 PM
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| quote | Originally posted by maryjane:
USAF's venture with G222's follow on aircraft ( C-27J Spartan) didn't fare much better)
....
Meanwhile, the venerable Lockheed C-130 (first flight 1954) are still flying all over the world
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If aerospace was like many other industries, the new planes would be higher performance than the old ones and less expensive. How do they get away with lower performance and higher cost??
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