3min chapter

Acquired cover image

Lockheed Martin

Acquired

CHAPTER

The 1993 Merger of Lockheed Martin and General Dynamics

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.

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