Lockheed Martin reorganizes its space divisions to better compete in the new commercial market
Lockheed Martin today announced that it is reorganizing its space divisions to make them better aligned with the new commercial market, and thus better able to win market share.
The company will streamline its operation from “five lines of business to three,” the first focused on commercial space, the second focused on classified military projects, and the third focused on military missile work.
As a big space company, Lockheed Martin has made a great effort in recent years to break into the commercial rocket industry. It was a major investor in Rocket Lab, and is also a major investor in the rocket startup ABL, which it is sending a lot of business. It also realigned its satellite construction business to focus on smallsats, including investing a lot of money in the smallsat company Terran Orbital.
This reorganization is clearly an effort to underline these changes. Whether it will work remains to be seen. Often such reorganizations in big older corporations end up being nothing more than rearranging the deck chairs on the Titanic.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Lockheed Martin today announced that it is reorganizing its space divisions to make them better aligned with the new commercial market, and thus better able to win market share.
The company will streamline its operation from “five lines of business to three,” the first focused on commercial space, the second focused on classified military projects, and the third focused on military missile work.
As a big space company, Lockheed Martin has made a great effort in recent years to break into the commercial rocket industry. It was a major investor in Rocket Lab, and is also a major investor in the rocket startup ABL, which it is sending a lot of business. It also realigned its satellite construction business to focus on smallsats, including investing a lot of money in the smallsat company Terran Orbital.
This reorganization is clearly an effort to underline these changes. Whether it will work remains to be seen. Often such reorganizations in big older corporations end up being nothing more than rearranging the deck chairs on the Titanic.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
All I can see Lockheed doing is funding new start ups and making its own new divisions.
Not exactly changing its own internal systems or divisions.
Apparently, doing competitive business is harder than rocket science is supposed to be.