Jump to content

Search the Community

Showing results for tags 'excess profit'.

More search options

  • Search By Tags

    Type tags separated by commas.

  • Search By Author

Content Type

Forums

  • Instructions, Terms of Use, Q&A, Commentary, Opinions & Debates
    • Terms Of Use
    • Before You Register, Before You Post, Instructions for Writing Your Question
    • Q&A
    • Commentary, Opinions & Debates
  • Contracting Forum
    • WIFCON PODCAST
    • What Happened?
    • Polls
    • For Beginners Only
    • About The Regulations
    • COVID-19 And Its Effect on Contracting
    • Contracting Workforce
    • The Good, The Bad, the Ugly
    • Recommended Reading
    • Contract Award Process
    • Contract Pricing Including CAS & Allowable Costs
    • Contract Administration
    • Schedules, GWACS, MACs, IDIQs
    • Subcontracts & Subcontract Management
    • Small Business, Socioeconomic Programs
    • Proposed Law & Regulations; Legal Decisions
  • Contest

Blogs

  • The Wifcon Blog
  • Don Mansfield's Blog
  • Emptor Cautus' Blog
  • SmallGovCon.com
  • NIH NITAAC Blog
  • The Contractor's Perspective
  • Government Contracts Legal Forum
  • Government Contracts Blog
  • Government Contracts Insights
  • NIH NITAAC Blog
  • High-Performance Track Systems | iAutomation

Calendars

  • Community Calendar

Product Groups

There are no results to display.

Categories

  • Rules & Tools
  • Legal Opinions
  • News

Find results in

Find results that contain...

Date Created

  • Start

    End

Last Updated

  • Start

    End

Filter by number of...

Found 1 result

  1. TechnicallyAcceptable

    "Excess Profit" on FFP Contracts? (C5 Transport Plane)

    TechnicallyAcceptable posted a post in a topic in Contract Pricing Including CAS & Allowable Costs
    Good afternoon, I'm curious to know if anyone on the forum has any further insight on this Washington Post article from 1984 about "excess profit" on a Firm-Fixed Price contract between the U.S. Air Force and Lockheed Martin Corporation? Specifically, what was the outcome? I have heard the outcome was that LMC had to negotiate a lower profit margin or something to that effect, and the it may have ended up at the CoFC, but have not found anything to support that claim. Also for reference it appears this contract (or contracts) was pre-FAR, as FAR was effective April 1, 1984. Thank you.