Defense Contractors - Is That Really What They Do?
i don't really know of the internals, that internal dynamics as being that different. A person, i think, ye ha, syou think that's compelling. At defence contractors, the there is this arrogance. It's sort of baked in the cake. Our business will never go under. Do no low these guys do nd of going under. In fact, it's like you basically need a small army on both ends of that arrangement just to make it work. There are entire federal bureaucracies that are kind of minor but are sola like thousands of ople each. And their whole job is to be like the mirrors of corporate counterparts. Their rolls are just like interface information
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In 2019, Airbus surpassed for the first time Boeing as the largest aerospace company in the world, as two crashes of Boeing’s 737-Max airplane forced a grounding of the fleet and a halt in sales, eventually costing it $20 billion in associated fines and delays. While Boeing maintains a relatively strong overall safety record as measured by crashes per million departures, the production problems with the 787 Dreamliner in the mid 2010s and the recent 737 debacle has cast some doubt as to the management and engineering practices at the century-old American icon of industry. Tonight we delve into the roots of what made the company as successful as it was, as well as some of the key events that arguably led to its current troubles that date back well into the 1990s and beyond.
