Who eats the loss under such circumstances?
Government or Lockheed Martin or are these 200 million dollar jets insured ?
replies(5):
Government or Lockheed Martin or are these 200 million dollar jets insured ?
The government does insure weapons of war. Who would write the policy?
If you have very deep pockets like a nation has, why not simply replace the lost hardware and never insure/pay premiums(which would be calculated to net a profit to the insurer)?