In 1993, Lockheed buys General Dynamics fighter jet business that we already talked about. And then in 1994, the big shoe drops, they announced a quote merger of equals with Martin Marietta. This sets off an amazing series of events, kind of similar to harkening back to the Alvia Mayte episode when Louis Vuitton and what Hennessy merged. They merged for like practicalities and to avoid dying and getting taken over by hostile raiders.
Today we bring you two absolutely incredible stories. The first is Lockheed’s legendary Skunk Works division — the elite team of aviation geniuses who produced some of the greatest airplanes in history: the U-2, the Stealth Fighter, and the incomparable SR-71 Blackbird. The second story is arguably even more important, but not widely known! It's the secret and true origins of Silicon Valley — and Lockheed’s primary role in it. We take you from WWII to the Cold War, all the way to today to unpack and analyze the industry dynamics of defense contractors in the modern era. Tune in and prepare to be blown away by what you’ll learn about the history of our industry!
Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.
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