Lockheed Martin lost $225 million on a classified military project due to “performance issues,” the company told investors on Monday. While the company did not disclose details of the project, executives said the secret effort is in the development stage and being worked on by its aeronautics division.

The Air Force currently has a sources sought out for laser weapon capabilities for a future AFRL acquisition program. To find out more about the sources sought click here. 

"If you decide federal contracts are what you want to do have enough financial stamina to get you through how long it's going to take." This and a few more nuggets of wisdom were highlighted in yesterday's video titled: If You Want Easy, Then This Ain't For You!

Finally don't forget to fill out our 12 Month Milestone Survey. This will helps us get a better understanding of your company to serve you better.

Courses/Books:

🌎Government Contracting beyond SAM course:

https://govconeric.com/aftersam

📈Becoming a Government Contracting Giant Course: https://govconeric.com/mastery

🌎For those Giants who need someone to work with them 1-on-1, we now offer three different levels of coaching: govcongiants.com/coaching/

📖Launch your Government Contracting business: https://govconeric.com/launchbook