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!
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