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I couldn’t help but marvel at the synchronicity of two unrelated events over the past few weeks. The first, on January 12, was the rare cancellation of a major military acquisition program with problems called "too expensive to fix." It takes an Act of Congress to kill most military contracts due to the pork flowing […]

My New Year’s resolution was to try to be optimistic about 2005—and why not? The past few years have been a roller-coaster ride for the generation industry, with a quick turn here and a negative-G drop there. Although the ride was a bit gut-wrenching the first few times, the ups and downs are now expected […]