Lockheed Martin

Tuesday

Neal Pollack

Hegseth’s vision is more Starship Troopers than Starfleet Academy

​“Welcome to Starbase, Texas,” Elon Musk said from the stage Monday night, as the crowd whooped. “This is a city. It’s actually legally a city that thanks to the hard work of the SpaceX team, we built out of nothing. And it’s now a gigantic rocket manufacturing system. For people out there who are curious to see it, we’re actually on a public highway, so you can come and visit. Drive down the road and see the epic hardware. I think this is the first time that a rocket development program has actually been on a public highway.

Tuesday

Andrew Cockburn

The defense industry and the US government are inextricably linked

Fresh on the heels of news that the government will take a 10 percent stake in failing chip company Intel, Commerce Secretary Howard Lutnick has floated the possibility of commanding a direct stake in Lockheed Martin and other large defense corporations. Speaking on CNBC, and extolling the “exquisite” proficiency of Lockheed products, he claimed “my Secretary of Defense and Deputy Secretary of Defense are thinking about it.” The proposal obviously fulfills a key requirement, which is to appeal to the transactional proclivities of the boss. Donald Trump had greeted the Intel arrangement as a “good deal” criticized only by “stupid people,” and suggested that there will be more such investments.

defense

Tuesday

Andrew Cockburn

Putin’s secret weapon? The F-35

This week's Nato summit communiqué was predictably replete with bombast about the ever growing threat of Russian aggression — along with tentative references to the 'challenges' of China's 'growing influence’. More cheerfully, it greeted the news that '24 allies are spending over 20 percent of their defense expenditures on major equipment’, with confident hopes that newcomers would join this exclusive club in the near future. Given that for seven European Nato members the principal item of ‘major equipment’ in question is Lockheed's F-35 fighter, this is good news for the Lockheed Corporation, but not such glad tidings for countries contracted to buy the plane, who find their armed forces steadily reduced to a state of emasculated beggary as a result.

f-35 fail