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Tue, Oct 21, 2003

Aero-News Quote Of The Day (10.21.03)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"Air Force officials ultimately used a weighted average and concluded that a reasonable price for the basic aircraft would be about $79.0 million per aircraft."

Source: GAO report on the strange machinations used to justify the Air Force/Boeing deal on the 767-based tanker (KC-767A), noting that the prices that were "averaged" ranged from $60.0 to $80.5 million, with a mathematical average of $71.1.
FMI: www.gao.gov/new.items/d04164r.pdf

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