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Pences Does LockMart
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Biologist, Explorers Club Fellow, ex-NASA Space Biologist and Payload integrator, Editor of NASAWatch.com and Astrobiology.com, Lapsed climber, Explorer, Synaesthete, Former Challenger Center board member... More by Keith Cowing
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Lockheed Martin missed its earnings for its space business, so they will probably do their best to impress.
https://www.bizjournals.com…
Lockheed Martin’s Colorado-based space business drives surprise earnings miss
I expect LMA will make the most of his visit, but the story about their third quarter profits is a little bit off the mark. Most of the difference from last year seem to be from their spacecraft manufacturing division (down a quarter of a billion…) But that’s a group that builds very expensive, custom or one-off spacecraft, and is only working on a hand full at any given time. We’d really need to see what projects ended last quarter and which start up next quarter. The statistical fluctuations could easily be 50% from quarter to quarter.