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16min chapter
Lockheed Martin
Acquired
The Evolution of Lockheed Martin's Aerospace Ventures
This chapter explores the transformative journey of Lockheed Martin's Skunk Works division, focusing on the development and challenges of the F-22 Raptor and the F-35 Lightning II. It delves into the complexities of military aircraft production, including escalating costs, reduced unit numbers, and the impact of government contracts. Additionally, it contextualizes defense spending within the U.S. national budget, highlighting Lockheed Martin's significant role as a major federal contractor.
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