Lockheed Martin

[KevinAu 441]

http://finance.yahoo.com/news/lockheed-cut-4-000-jobs-134802998.html

 

Laying off thousands and shuttering facilities, citing slow sales in P3D.

[RWFeldman 159]

citing slow sales in P3D.

 

Reminds me of a saying old Pappy taught us. "Son, Its better to shut your mouth and hide your stupidity rather than open it and dispel all doubt"

 

-Now, if you leave out the "Citing slow sells in P3D" and brought up the sequester/Govt shutdown and it's effects on contractors and the US economy, It may be an interesting subject. That being said, there are those who have been skepticle of P3D development because it is a Miltary contractor and are very proned to defunding. I personaly have no thoughts on that.

[shivers9 1,174]

 

Reminds me of a saying old Pappy taught us. "Son, Its better to shut your mouth and hide your stupidity rather than open it and dispel all doubt"

 

-Now, if you leave out the "Citing slow sells in P3D" and brought up the sequester/Govt shutdown and it's effects on contractors and the US economy, It may be an interesting subject. That being said, there are those who have been skepticle of P3D development because it is a Miltary contractor and are very proned to defunding. I personaly have no thoughts on that.

 

 

Am I missing something here? Where is P3D mentioned in that news release or is this just another "sky is falling" trying to bait an argument?

[KevinAu 441]

  

 

Am I missing something here? Where is P3D mentioned in that news release or is this just another "sky is falling" trying to bait an argument?

Relax you guys. Tongue in cheek with regards to the other thread debating whether the last LMT numbers mean that the company was doing well. Gotta love how serious you guys are.

[KSATRoadWarrior 91]

Full AP story available at http://hosted.ap.org/dynamic/stories/U/US_LOCKHEED_MARTIN_JOBS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-11-14-09-48-20