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With about 70% of their revenue from the US Government in 2018? Those defense companies might as well be an extension of the government with the added "benefit"
by Rapzid 6y ago
With about 70% of their revenue from the US Government in 2018? Those defense companies might as well be an extension of the government with the added "benefit" that it allows individuals to get wealthy off them.
Edit: Further to that and the comment pointing out where GPS was researched and developed, the Air Force still operates GPS block III and contracted these services out to Lockheed. So yeah, ultimately any success Lockheed has with GPS III is ultimately a success for the government..
- foobarian 6y agoThat's kind of the point though; would this whole arrangement work any better if it was all directly under the DoD hierarchy? Vs. private contractors like this? I was not intending to be snarky in the original comment. I've lived in a system where a lot more of the economy was under the government in the org chart and it was not magically better than the American system.
- elicash 6y agoI'm not sure what point you're making. Yes, the government uses private contractors, but they'd use contractors for this transaction system, too.