Lockheed Aircraft Corporation: a series of case studies
Goodwin, Michael R.
Fremgen, James W.
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Lockheed Aircraft Corporation emerged from World War II a financially sound organization with the reputation as one of the country's major manufacturers of both military and civilian aircraft. However, by 1971, Lockheed had amassed debts of over $700 million and claimed that it faced,bankruptcy unless the Federal, Government would provide loan guarantees to its creditors who had refused further credit extensions. This thesis consists of a series of case studies, intended for use in the Management curriculum at the Naval Postgraduate School, which trace the decline of Lockheed through 1971. Major projects which contributed to this decline, such as the Electra, the C-5 Galaxy, the AH-56 Cheyenne, and the L-1011 Tristar, are highlighted. All cases were prepared from published materials.
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