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In fact, it signed up to a fixed-price contract to deliver the same trucks incumbent BAE Systems was building for 30 percent less per vehicle.
FORBES: Why Pentagon Weapon 'Efficiencies' Are Often An Illusion
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Finally, the JLTV contract is a fixed-price contract under which the company has to provide 22 light combat vehicles within 12 to 14 months to the U.S. Army and U.S. Marine Corps.
FORBES: Lockheed's Flurry Of New Contracts Provides Short Term Support
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The losers promptly launched a legal protest that was partially successful, but on the crucial issue of price realism government lawyers ruled that the Army was under no obligation to investigate how realistic Oshkosh pricing was since with a fixed-price contract the company would be obligated to absorb any overruns.
FORBES: Oshkosh Proof That Pentagon Can Make, Or Break, A Company
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Phone and internet customers may soon be allowed to escape their fixed contracts, without penalty, if the price is put up mid-contract.
BBC: Mobile and broadband contracts face Ofcom price action
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Following the expiration of the original contract in 2004, the Company and Entergy have negotiated additional fixed-price contracts totaling 1, 000 MW of capacity and energy for the last several years.
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In the spring of 2012, he signed a long-term contract, albeit one that included a "release clause, " a fixed price for which the club would have to sell him.
WSJ: Soccer's Borussa Dortmund Faces Uphill Battle to Maintain Success