"Public private partnership" is a scheme that avoids traditional approval processes for debts, and introduces risk elements that allow the private partner to make money, and makes the financing cost difficult to measure. Instead of bonding engines and carrying the cost in the books, they are effectively leasing the engines.
>Instead of bonding engines and carrying the cost in the books, they are effectively leasing the engines.
leasing by the Line-Of-Business vs. capital investment through IT has been the root of the cloud revolution in the IT industry. Now military starts to learn the trick. Weapons as a Service...
