LM to leave telecommunications services business

Lockheed Martin's announcement Dec. 7 that it is getting out of the telecommunications business was greeted as good news by an industry analyst, even though the company will take a $1.7 billion fourth-quarter charge and cut 650 jobs. Paul Nisbet of JSA Research said the company's decision to abandon...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.