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Lockheed Martin
Acquired
The L-1011 Airliner Project Loses Lockheed $2.5 Billion
The L-1011 airliner project loses Lockheed $2.5 billion. The company also gets caught up in really nasty bribery scandals around the world. And basically Lockheed comes out looking at least to the American public like kind of a corrupt arms dealer. All of this conspires that especially post Vietnam period, the American public starts to view Lockheed as this corrupt octopus military industrial complex squid sucking on America.
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