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Financial SkepticAccentuating the caveat emptor with critical commentary concerning investor relations and financial communications. I look at how information is (mis)managed and manipulated thereby creating possible investors losses. |
Boeing Sponsors/Controls Gov't Cost Estimating
Posted on 07/12/2006 00:00 AM | Link | Post Comment
The Boeing Company (NYSE:BA) and the Society of Cost Estimating and Analysis (SCEA) today announced that they have entered into an agreement whereby Boeing would become a corporate sponsor of SCEA, an association established to further the effectiveness and efficiency of cost estimating and analysis and related disciplines in the public and private sectors. Boeing's sponsorship of SCEA is the first by a major company in a new program established by SCEA to create alliances with both business and government organizations. I guess Boeing gets the jump and maybe a lot of control on how government arithmatic is actually done. For now maybe better than Airbus but things can change.
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