LM is not going to get anything from Washington even if the GOP manages to pull a rabbit out of the hat. Obama doesn’t want to create jobs at LM. He wants to create jobs at Solyndra.
California is going to get hammered from the coming Defense cuts. Windmills and solar panels are not going to take up the slack.
After the election.
How convenient.
The F-35 will be the first thing to go with the cuts, so it makes sense.
I remember massive layoffs at LM in 1992 and 1993. They called it the “Cold War Dividend”.
Boeing is already having layoffs, small ones, one right after another to try to stay under the radar.