Lockheed Martin Space is developing at a huge scale with massive contracts both under the ocean and up in space
Building missiles and rockets involves much more technology and computing problems than building airplanes
The core value components of these rockets are computing, silicon, and ultimately software
LMSC has better margins than building airplanes
During the 12 year period from 1960 to 1972, LMSC accounted for over a third of Lockheed's revenue and 128% of total profit
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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