Word: coste
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Dates: during 2000-2009
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...decrease in demand for workers and parts does have an upside for those still in the race. "The parts we buy are in some instances half-price from last year, so your $600,000 engine program may cost $300,000 this year," says Kalik. "Same engine, same everything - just tremendously less demand. Therefore the engine builders and chassis builders are hungry for the dollar, so they'll work for less...
...tracks are also discounting to spur foot traffic. At Daytona, the cost of backstretch seats was reduced from $95 to $55, the lowest price since 1995. Race organizers negotiated with local hotels to eliminate minimum-five-day stays. Organizers in Charlotte, N.C., have also persuaded the city's hotels to reduce rates for the two Sprint Cup races at Lowe's Motor Speedway (LMS). According to LMS president Marcus Smith, the track not only dropped prices in some sections but also refunded the difference to fans who had already purchased, an effort, he says, to show loyalty to the customers...
...cruise missiles, giving every destroyer, cruiser and attack submarine the ability to destroy targets well beyond the reach of carrier-based planes--without risking pilots. Distributing that firepower across 120 warships instead of concentrating it on America's 11 carriers makes sense. Then there's the huge built-in cost of carriers. Much of a carrier group's firepower--accompanying ships and subs and the airplanes on its deck--is dedicated to protecting the flattop itself. "We need to move from a Navy of a few large carriers to a Navy of many smaller ships," says John Arquilla, a professor...
...recent Pentagon-funded reports have questioned the Navy's carrier-centric strategy. The vessel's huge cost and half-century life span give potential foes like China a "static target" to threaten, a 2007 report said. A smarter option, the study suggests, is to build a Navy of many smaller and simpler ships, which would complicate enemy targeting and give U.S. commanders better intelligence. Nonetheless, the Navy has just begun spending $11 billion to design and build the first in a new class of carriers, the U.S.S. Gerald R. Ford, scheduled to join the fleet...
That's the idea, anyway. In fact, there are serious questions about the FCS. Only two of its 44 key technologies are mature enough to generate reliable cost estimates, according to the Government Accountability Office. The Army has so far spent $18 billion trying to get the FCS to work and plans on spending $21 billion more before it gets a formal green light for production in 2013, when key performance tests still will not have been done. And the FCS's vaunted mobility has already been scrapped; the Army has abandoned plans to transport all those vehicles...