Can Lockheed-Martin's Joint Venture With Boeing End Years Of
Bitter Rivalry?
It's a bit of a shock. Not that the aerospace arms of
Lockheed-Martin and Boeing aren't struggling to some degree -- in
the post telecommunications boom era, that's a given. It's not even
that the two have spotted economies of scale in a partnership that
would produce most of the launch vehicles for NASA and the Air
Force. What's surprising is, after years of bitter rivalry,
executives from these two aerospace behemoths could even sit in the
same room, much less strike a deal.