Lockheed ended the TriStar on Dec 7, 1981. The stock rose ~19% the next day.

The program lost money in the slump AND in the 1978-79 boom. That's not a market problem.

Nine thousand jobs went. The F-117 had already flown that June.

#emaviation #avgeek #aviation #lockheed

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#air force #combat #division #drone #Force #Lockheed #Lockheed Martin #Washington
🌐 www.newsmart.ch

RE: https://mastodon.social/@arstechnica/117252081437351963

#ULA was responsible for a quarter of the operating profit in #Lockheed’s space business a decade ago. It dropped to less than 10 percent over the last five years, then to virtually nothing 0️⃣in 2025

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