Word: mcnamaras
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Sand of Reality. As Lockheed sees it, the fault lies not in its own performance but in a system of Pentagon contracting called Total Package Procurement, or TPP, instituted under former Defense Secretary Robert McNamara. TPP was designed to end overrun claims by setting a strict ceiling on the final cost of any project. It penalized contractors who exceeded the ceilings but held out the reward of higher profits to those who reduced production costs. As Lockheed's costs overran the total package price, wrote Chairman Haughton in the company's annual report, "the gold of good intention...
...When Robert McNamara was Secretary of Defense, his office hired Aspen to scour the U.S. Code for every mention of his title. McNamara wanted to know about all his statutory duties, no matter how obscure...
...originally stated that Robert S. McNamara, a member of the Visiting Committee, would be coming to Harvard
...meeting. Bowie subsequently said that McNamara would not attend...
...also said that McNamara would not be present at the meeting tomorrow. "His office notified us this afternoon that he was delayed in Italy and could not get back for the meeting...