>loses Greek contract to Embraer>cope posts on XFor a corporation this size, this is really fucking pathetic.https://x.com/LockheedMartin/status/2117240372434784304
>>65628887For the best. Greece is broke as fuck and will just not pay you for delivered product.
>>65628887I'd buy Embraer just to pass off LM and show them this tweet as the reason for choosing Embraer over their salty gay asses
>>65628887I'm not totally in the loop but weren't the greeks on the list of potential F35 buyers after Turkey decided to be a shit and buy Russian SAMs? Regardless, you're not getting shit from Greece in the form of long term service contracts. Look at their air fleet and tell me they pay for maintenance
>>65628887oof, is lockmart doing okay?
Don't the Greeks own the EU like 12 bajillion dollars? What ever happened there?
>>65628971Their aero division is drowning under the demands of the F-35 program and doesn’t really win new contracts that aren’t upgrades of existing platforms anymore. Sikorsky is also not in a great spot since Bell won the contract for what became MV-75. The missile division that was formerly mostly Martin Marietta is doing quite well however.
>>65628967They still fly F-4's no?
>>65628974The EU loaned the money knowing that it'd never get it back.
>>65628887It's low delivery numbers because it isn't an outdated 70 year old air frame. The KC390 mogs the C130J in everything except austere air field operations, which doesn't seem to be a big deal for the Greeks.
>>65628974everytime germany asks for the money back greece is like >but muh ww2
>>65628974WHATEVER HAPPENED THERE?!
>>65628991How exactly does a defense contractor "drown under the demands of" a government contract? Did Uncle Sam stop paying his bills?
>>65628974They paid it back a couple of years ago, but not before perfecting the art of ignoring any attempt to indebt them further; known as the Syriza manoeuvre in economic circles. They paid up for the sake of getting along, but revealing how vulnerable the IMF and the EU are to "ah geeze dude, Im broke; can this other shit wait?" is a genie that simply cannot be put back in the bottle. Sissies in brussels and Frankfurt are in shambles and will never recover.
>>65628974They are paying it back - cut all the gibs to the bone years ago and sold off alot of state owned businesses.
>>65628887This is just embarrassing dude. No shit that ancient airframe lost to the newer and more capable model.
>>65628887it's good to see the american IMC declining. I wonder if they'll even be relevant in 30 years.
>>65628897merhaba
>65629879
>>65629569It's more that Locksneed lowballed the contract to get selected, now they can't afford to expand production.
>>65628887>loses Greek contractanon Greece doesn't have any money
>>65628887Last year Lockheed delivered TWO C-130s. ONLY TWO. Severe quality issues run deep.A several years ago, a consulting firm helped Lockheed save money by forcefully retiring their much of their experienced people, then they decided to pull their assembly workers from the ghettos of Atlanta. Turns out you can't teach a monkey new tricks.
>>65628974I never understood why the greeks didn't just abolish their debt or print more money and use that to pay it.
>>65631486>print more money and use that to pay itOnly France and Germany are allowed to print the Euro I think>just abolish their debtYou can't just pass a law saying "All federal debt is now irrelevant". Especially when that debt is tied to foreign banks and governments
Defense tech anons, what's the best way to get into the industry?
>>65631505Didn't Germany abolish its debt once?
>>65631507Realistically you'd need to offer something that's useful and not able to be copied by competitors faster than you can patent it. Good luck with the anti-grav drive research.
>>65629569They for whatever reason are completely unable to actually do a lot of the work they’ve been paid for. Look at the shitshow that has been TR3 and Block IV. Years late, still not here. Their inability to finish what is on their plate is locking them out of future work, either because they don’t have the spare bandwidth to put together a competitive bid, or because they are simply not trusted given current performance. Perhaps a mix of both. In any event they have lost every next gen aircraft program they have entered.
>>65628887Did they think they could pull a Trump with zero presentation skills to the wrong audiance?
>>65629879Oh they will... after they get a propper vibe check and stop fucking around.
>>65631505the Belgian mint actually does a lot of the printing. they also developed most of the security measures on the notes>You can't just pass a law sayingyou very much can pass a law like that, you can even enforce it. those investors have no recourse against the state. even foreign assets of the state are more often than not off the table due to diplomatic immunity ect.but you can't force those investors to lend you again and if you had to pass a "lol not paying law" you will be borrowing pretty much straight away
>>65631508no they hyper inflated their own currency to fuck with the Versailles reparations. so the allies simply occupied parts of Germany and started taking actual goods for payment.that led to a massive strike and more hyperinflation until the allies realized that occupation was costing them more than the goods they were taking.
I mean they're not wrong, I work in the Aerospace Industry and most people simply want repeatability and speed over cost savings. If you can do it faster and every month and everyone else takes 1.5 months you can charge twice the money in some cases. It does read though like the popular girl in school losing to some random girl.
>>65631670>Enact severe punishments on a country, don't ensure they have a functional economy to pay you back>They go to shit and elect a turbosperg AustrianThe US actually had a point then and still has a point now when it comes to making sure your defeated enemies have a positive outcome from losing to you.
>>65631514>for whatever reasonTheir hiring practices and international dependencies. Not only did they get caught up the whole diversity and Jews thing that fucked up their workforce, but the F35 program is by design distributed and international. As a result deliveries of sub components are delayed and there's nothing anyone can do about it because the production lines could easily be half a planet away. And when they do arrive there's never enough trained men to put them together. Oh, and of course the whole rare earths thing.
