My career in the defense industry started with GE , that lasted about 2 years then Jack Welch decided to sell the entire defense division to Martin Marrieta . We stayed as MM for a short while and then we merged with Lockheed creating Lockheed Martin . The sale and mergers we were told was to gain synergy/efficiency/right sizing .......... BS
It was a built in excuse to close facilities and lay off workers . Don't get me wrong I am glad I worked there my wife and I both retired from LM . We were paid well , have pensions and 401K's to live off of . But there was so much crap/BS/waste over the years that could have been avoided . Big DOD business is a money eating machine hence why we have the largest DOD budget in the world . If the outsiders would only know how much $$$ is wasted
But if the share holders are happy then everyone is happy ........ right
