Acquired
Lockheed Martin
David Rosenthal
All told, we won't go into the whole history here, but the L-1011 airliner project loses Lockheed $2.5 billion. And as we said a few minutes ago, this is not a super profitable company. They don't have $2.5 billion in other earnings just sitting around to soak up the losses here. At the same time, Lockheed also gets caught up in really nasty bribery scandals around the world.
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