Lockheed Martin, Making Money the Old-Fashioned Way

Lockheed Martin held its annual media day this week, and CEO Marillyn Hewson assured those attending that the company was financially sound and poised to lead the industry in developing the next generation of military technology, from military lasers to hypersonic weapons. But the bulk of the company’s revenues rely on old-fashioned techniques — buying up other companies, profiting from the sale of big-ticket weapons systems, and pushing foreign sales.

See the full article at The Huffington Post