alt Hacker NewsDo you have any evidence of this?
Also “and margins” seems like a stupid thing to add. Margins are high during peacetime and wartime alike. And it’s not parallel to bribes / kickbacks which are corrupt and illegal. Margins are the natural outcome of capitalism + monopoly.
Having S Korean competition means those margins would likely drop over time.
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> Margins are high during peacetime and wartime alike
Countries with high margins during wartime don't typically win wars against peer powers. Cf nazi germany vs the soviet union. This is typically a luxury you see when rich countries fight poor ones (in absolute terms, including capital in the form of production capacity and tech IP/know-how)
>Do you have any evidence of this?
I have been advisor to some people signing the deals. I would say that depending on the project in my slice of the industry at least 25-30% were outright redistributed to various stakeholders.
> Margins are high during peacetime and wartime alike.
Perhaps when fighting foreign jaunts against a minnow. Preserving high margins in an grinding, existential war against a peer would be considered anything from unpatriotic, to outright illegal war profiteering, and carries a real risk of the shareholders losing control and/or ownership of the organization through various war-time instruments.