“Indeed, it appears that the dominant manufacturers have managed to turn their delivery failures into financial advantage. Using the purported difficulty of projecting material costs over a 2-3-year lead time as an excuse, they have imposed “floating” price clauses onto their customers — allowing them to increase the final price of a rig when it finally goes into production”
https://www.thebignewsletter.com/p/did-a-private-equity-fire-truck-roll