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Lockheed Tightens Its Wasteful "Chokehold" on Defense Funds
Forbes: Recently, giant Lockheed was described as having a literal “chokehold” on the #1 defense contractor spot. Also recently, Lockheed announced it would buy Sikorsky, the well-known supplier of military helicopters, for $9 billion. Let’s review Lockheed’s powerful grip on lucrative defense contracts and political power– and then see the Sikorsky acquisition strengthens it and leads to more waste.
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