Thursday, October 12, 2006

Rockets locked at Lockheed

IIPM MANAGEMENT INSTITUTE
Lockheed Martin Corp. that engages in aeronautics, electronic systems, IT Services and space systems, has decided to downsize its commercial space business. It now wants to concentrate on greater profit yielding government space projects. This decision will narrow down options for companies that are willing to purchase or launch satellites. Lockheed also plans to sell its stake in two Russian rocketlaunch joint ventures to concentrate on Pentagon space programs.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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