A flawed missile defense system generates $2 billion in bonuses for Boeing
From 2002 through early last year, the Pentagon conducted 11 flight tests of the nation’s homeland missile defense system.
In the carefully scripted exercises, interceptors of the Ground-based Midcourse Defense system, or GMD, were launched from underground silos to pursue mock enemy warheads high above the Pacific.
The interceptors failed to destroy their targets in six of the 11 tests — a record that has prompted independent experts to conclude the system cannot be relied on to foil a nuclear strike by North Korea or Iran.
Yet over that same timespan, Boeing Co., the Pentagon’s prime contractor for GMD, collected nearly $2 billion in performance bonuses for a job well-done, the Los Angeles Times has learned.
Read more: http://www.orlandosentinel.com/business/ct-boeing-bonuses-missile-defense-20160902-story.html
