Sentence examples for contractor profits from inspiring English sources

Mikhail Korchemkin, the head of East European Gas Analysis, said that it became clear that Gazprom had "switched from a principle of maximizing shareholder profits to one of maximizing contractor profits".

(And defense contractor profits!).

The Pentagon and their war industry allies are mounting an aggressive, fear-based campaign of hyperbole and spin to scare Congress away from cuts that could affect contractor profits.

David Kelson Scarsdale, N.Y., Oct. 17 To the Editor: To Robert J. Shiller's case for infrastructure spending now, I would add the following: As an architect with 40 years of experience, I know that the best time for infrastructure work is when the economy is weak, because labor and material costs, contractor profit margins and financing costs are lowest then.

"Its role isn't to sustain defense contractors' profits independently of the security they are actually meant to provide".

This means that the contractors' profit is a percentage of their costs, which gives them an incentive to keep those costs high.

Lockheed, the nation's largest military contractor, said profit rose 60percentto to $591 million, on sales of government satellites and computer systems.

If contractors know profits will be reduced if a missile test is unsuccessful, experts say this could create a strong incentive for them to ensure the tests are (falsely) successful by conducting more scripted, less realistic tests.

He has also earned at least $500,000 from his work for Veritas Capital, a private equity firm in New York that has grown into a defense industry powerhouse by buying contractors whose profits soared from the wars in Afghanistan and Iraq.

The final cost estimate is based on a complete listing of the quantities of all materials described in the plans and specifications multiplied by the prices for materials and labor plus an allowance for the contractor's profit and overhead.

For example, in the Chicago story cited by Boselvic, the city is prevented from constructing new parking lots that might interfere with the contractor's profit stream.