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“It's not just Lockheed Martin,” Lockheed CEO Jim Taiclet said. “Industry is willing to invest in efficiency. It's willing to invest in capacity. But the constraints of the Federal Acquisition Regulation limit our ability to invest and get great [return on investment] for investors while helping the government.”
The missiles, tanks, bullets, artillery shells, drones and attack helicopters stamped “Made by the DSA” will be used not only in Ukraine, but against the victims of American wars all over the world.
Lockheed Martin and other defense contractors have benefited as the war in Ukraine and China’s military ambitions foster support for military spending.
/PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chairman, President and CEO Jim Taiclet and CFO Jay Malave at the Bernstein...
By Nicole Goodkind, CNN Business