Aerojet Rocketdyne to be Acquired by Lockheed Martin

sferrin

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marauder2048

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Lockheed used to be in the propulsion business e.g. SRAM.

Absorbing essential propulsion stack vendors into individual primes still makes me queasy.
 

marauder2048

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Lockheed used to be in the propulsion business e.g. SRAM.

Absorbing essential propulsion stack vendors into individual primes still makes me queasy.
It should, LM's size is problematic even before this.
In my view, that's much less of an issue than the loss of an innovative, independent propulsion focused company.

The benefits from a cross-pollination of ideas by virtue of having easy interactions with multiple customers
with different technical approaches who weren't concerned that you were also a competitor can't be overstated.
 

marauder2048

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The WSJ had a write-up on the proposed acquisition with a link to a very recent (2018) Stanford Institute For
Economic Policy Research paper on defense consolidation and its impact on acquisition costs.

The authors' methodology shows the impact to be non-existent: "impacts on acquisition costs are statistically indistinguishable from 0."
 

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sferrin

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Lockheed used to be in the propulsion business e.g. SRAM.

Absorbing essential propulsion stack vendors into individual primes still makes me queasy.

Yep. Where's that going to leave Boeing and Raytheon? I'd guess Boeing's reason for no-bidding GBSD will apply to every other missile program that requires a booster for both Boeing and Raytheon.
 

Sherman Tank

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I have the same concerns about mergers like this. It's not even the specifics of who is getting what and why, just that competition (usually) breeds innovation and has a knock-on effect in terms of keeping companies honest (again, usually). Even the Soviets had an understanding of this by having different competitive design bureaus.
 

TomcatViP

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Well, competing is nice. But with a descent budget it's better. And it's not like Space stuffs and Hypersonic come for cheap.
 

yasotay

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You know, at some point the US government decided "Ma Bell" was to big and ordered it's breakup. Of course that was the 20th Century.
 

Maro.Kyo

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So space is becoming more like flying, considering how many aircraft manufacturers were there during the cold war.
 

bobbymike

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So space is becoming more like flying, considering how many aircraft manufacturers were there during the cold war.
During the height of the Cold War upwards of 10% of GDP was allocated to defense spending that would equate to ~$2.2 Trillion today. You could support a lot more contractors at that level of spending.

post script - no I’m not advocating for this level of spending or making any inflation adjusted, we’re not in the Cold War argument.
 

Grey Havoc

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Meant to post this a few days ago:
 

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