How Lockheed Got Too Big to Fail

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  • Опубликовано: 10 ноя 2024

Комментарии • 1,8 тыс.

  • @Taskandpurpose
    @Taskandpurpose  Год назад +266

    Thanks for watching spare parts army. Get up to 40% off with my link ridge.com/taskandpurpose from now until December 22nd!

    • @pitster1105
      @pitster1105 Год назад

      Lockheed Martin keeps saying they put lasers on aircraft by 2030…do you think they are bluffing ???

    • @Kkakdugii
      @Kkakdugii Год назад +1

      I don't think any of the bad things Lockheed has done is unique to Lockheed, I think that Lockheed is one of the most prominent players that do these things and that people villainize Lockheed because they go "Weapons manufacturer/Military industrial complex = bad" when the reality is actually much more complicated than that.

    • @kukulroukul4698
      @kukulroukul4698 Год назад +1

      im still upset for that sinfull , untruthfull M113 video :( Thank you

    • @Kenneth_James
      @Kenneth_James Год назад +2

      One of your best videos.

    • @kukulroukul4698
      @kukulroukul4698 Год назад

      @@Kkakdugii yeah but Landsat 6 failed because of .... WHO KNOWS why !!! :(
      Eisenhower was RIGHT ! Landsat program stands out as a LESSON to learn

  • @nuts4ships
    @nuts4ships Год назад +2711

    Our "average infantryman" sure has done a lot of research above his pay grade in the defense industry for us, and for that we are appreciative of our "average infantryman's" efforts and results . Thanks Chris for all you do.

    • @bravohomie
      @bravohomie Год назад +18

      You go Chris!

    • @conormcmenemie5126
      @conormcmenemie5126 Год назад +29

      I was really impressed with this rendering of the military industrial landscape. Even as a very young child (6 or 7) at a military air show here in Scotland, my father who had been a RCAF pilot officer began talking about about the Lockheed Starfighter and about how many German pilots it had killed. How the bribes were to get a bad product onto the market. One mis-comment by Chris is that the Starfighter was the first to do mach-2, the English Electric Lightning with which it directly competed could do mach-1 in a vertical climb. This lightning beat the starfighter in all categories in tests, except low level acceleration where they were equal. Thus Lockheed killed many pilots through bribing their paymasters to purchase a second rate product necessary for the defence against the Soviet air force. Ultimately this event denoted the separation of the sheep from the goats.

    • @SerpkoBakotiinii
      @SerpkoBakotiinii Год назад

      Do you really think that all this text was not made by this guy, but by smart guys from the Pentagon for propaganda? Noway!

    • @orangeflow9809
      @orangeflow9809 Год назад +2

      Agreed. Well done Chris!

    • @conormcmenemie5126
      @conormcmenemie5126 Год назад +3

      @@SerpkoBakotiinii I had expected him to be supported by a team, as well as for other interested parties to lend support. That is the way of things in all complex arenas. Hwe does refer to the 'spare parts army'.

  • @failuretocommunicate
    @failuretocommunicate Год назад +99

    I know I've heard somebody say, "you can't always tell where Lockheed stops and the government begins."

  • @tonyraffetto931
    @tonyraffetto931 Год назад +2421

    I used to work for Lockheed Martin. The corporate culture there was very strict. They used to watch over your shoulder to make sure that you used a scale to weigh out the toppings for every single pizza. And greater number the toppings a pizza had, the less of each topping you were supposed to weigh out. Wait, was that Lockheed Martin? I think it might have been Dominos

    • @JustAnotherAccount8
      @JustAnotherAccount8 Год назад +322

      Lockheed Martin: Achieving world pizza

    • @tango_uniform
      @tango_uniform Год назад +35

      @@JustAnotherAccount8 And this without whirling any peas.

    • @UnknownOps
      @UnknownOps Год назад +36

      Hey, at leasy your products work with minimal failure in return.

    • @discordthingy6796
      @discordthingy6796 Год назад +42

      @@UnknownOps This is a lie. My friend's pizza from dominos the other day had all the olives in 1 pile on 1 slice.

    • @valghyna7668
      @valghyna7668 Год назад +6

      It was Lockheed martin

  • @gabe0798
    @gabe0798 Год назад +186

    As someone from a US ally state I appreciate the efforts of everyone involved in making these videos and how they frame these issues in a relatively fair point of view

    • @hashbrownz1999
      @hashbrownz1999 Год назад +25

      As a US citizen, someone calling themselves a citizen of a US ally state really nails the vague idea of an empire into my head

    • @fedyx1544
      @fedyx1544 Год назад +11

      @@hashbrownz1999 US ally helps distinguish between those who are allies but could potentially go their own way if they got their s together (us in the EU) and literal vassals like South Korea, Japan and Taiwan.

    • @soarabove337
      @soarabove337 Год назад +2

      @@fedyx1544 Right on and... it's quite simply that, really. Cheers mates @hashbrownz1999

    • @bunk95
      @bunk95 11 месяцев назад

      Someone using existing fiction to market portions of the slave system isnt a point of view even if you/other market it in that way.

  • @locklanh
    @locklanh Год назад +830

    Hey Cappy I wanna say I love these longer, more critical dives into contemporary military topics that you've been doing more lately. So refreshing to hear someone with experience in the military recognise that while these are complex issues, there are clearly problems with the military industrial complex and the way it is intertwined with government. Keep it up!

    • @MrRaccoon879
      @MrRaccoon879 Год назад +3

      Hey! What was that jingling noise?

    • @jeremyl862
      @jeremyl862 Год назад +4

      Check out Perun then. You'll love him.

    • @daniellivingston7699
      @daniellivingston7699 Год назад

      @@jeremyl862 seconded. Perun is great. Anyone who likes these videos will love Perun.

    • @seekrengr751
      @seekrengr751 Год назад +4

      @@jeremyl862 Perun goes MUCH deeper than Cappy on such subjects as these, but Cappy has a deeper perspective on, for instance, individual weapons. Should be expected given their respective backgrounds.

    • @Taskandpurpose
      @Taskandpurpose  Год назад +41

      thanks I'm trying out new topics and seeing how deep we can dive into some issues . glad to hear you like it !

  • @matty_muerte
    @matty_muerte Год назад +238

    I'm really liking the amount of time and effort you guys are putting into researching these topics. It really shows

    • @ruthnoya8424
      @ruthnoya8424 Год назад +3

      It's a big channel, he no doubt has a team like all other channels- researcher, writer, editor, etc. He's just the pretty face.

    • @imk9633
      @imk9633 Год назад +1

      @@ruthnoya8424he literally said “you guys”

  • @gumpreeengthegumpreeeng
    @gumpreeengthegumpreeeng Год назад +570

    From flying boats to Stealth fighter aircraft
    Lockheed is impressive

    • @avggymbro3734
      @avggymbro3734 Год назад

      They Made more money at war than peace time, wonder why America is always at war

    • @gumpreeengthegumpreeeng
      @gumpreeengthegumpreeeng Год назад +11

      @Avg gymbro lockheed just wants those dollars

    • @valghyna7668
      @valghyna7668 Год назад

      Considering the cost overruns on those fighters they really know how to rape the taxpayer

    • @Whiteboy17064
      @Whiteboy17064 Год назад +1

      What about getting idiots like cappy to pretend they were fighting for freedoms in middle Eastern countries that's the real trick

    • @frommarkham424
      @frommarkham424 Год назад +10

      They just seem like they could be a little cheaper?

  • @michaelman957
    @michaelman957 Год назад +156

    The Admiral's criticism of "Privatizing profits and socializing losses" is exactly the right criticism. I'm a bug free market guy, but when the government bails a company out like they did with Lockheed and starts using taxpayer dollars to prop up a company, it stops being a free market and stops being capitalism. People blame capitalism for the military industrial complex keeping wars going, but such problems wouldn't be possible without the government being in on it.

    • @cjthebeesknees
      @cjthebeesknees Год назад

      It’s Communism with extra steps.

    • @governor6594
      @governor6594 Год назад

      sounds a lot like communism to me

    • @MostafaElSakari
      @MostafaElSakari Год назад +1

      Exactly

    • @peixeserra9116
      @peixeserra9116 7 месяцев назад

      You're in for a rough awakening when you realize that Megacorps buying out governments, and using both the government and their own power to shut down/buy out any and all competition is the natural course for the evolution of Capitalism.

    • @normaaliihminen722
      @normaaliihminen722 6 месяцев назад +2

      Tell that to adversaries of USA. Russia and China would do anything to have Lockheed Martin Raytheon of their own.

  • @stephanarizona9094
    @stephanarizona9094 Год назад +202

    I've worked for the machine for 16+ years now and the interesting thing about the defense industry is all these companies are where they are because of buying up competitors or merging as with Lockheed and Martin Meritta Aerospace. Same with all the large defense companies they are formed by dozens and dozens of mergers, picking up new technologies and markets. If you look at the history of military contracting KBR's origins are during WWII providing logistics, clothing, and food to the military, Lear Seigler Services now part of URS Corp provided aircraft mechanics in Vietnam. Raytheon has their hands in everything also. And even major defense companies are involved in non-military stuff such as Space, Civilian Aviation and Maritime. When you dive into the history of Lockheed, Raytheon, BAE, General Dynamics, DynCorp, KBR, General Dynamics and a ton of other companies its pretty interesting in everything they do and alot of technology we use today that was developed and pioneered by them.

    • @whereswaldo5740
      @whereswaldo5740 Год назад +11

      You forgot Dick Cheney’s Haliburton which is an umbrella company with many companies under it which KBR happens to be just one.

    • @ommsterlitz1805
      @ommsterlitz1805 Год назад

      All these companies are where they are because of corrupting politicians in Europe and Asia to buy there crap while killing the ones that get in your way and over up all your failure perfect exemple of this is the F-104 and the F-35 sales for Lockheed

    • @GreenBlueWalkthrough
      @GreenBlueWalkthrough Год назад +17

      Microsoft be like: "All your game studios/publisher are belong to us."

    • @JesseArt
      @JesseArt Год назад

      @@whereswaldo5740 And KBR poisoned our Marines in Iraq with highly contaminated water.

    • @seekrengr751
      @seekrengr751 Год назад +14

      Worked for Martin Marietta Aerospace in the 1970's before the Lockheed merger - it was the 8th-largest defense contractor, not the third when it happened in 1995.
      Interesting twist on the "merger" frenzy - Hughes Aircraft was owned up until 1986 by the Howard Hughes Medical Institute, a non-profit which existed solely on the proceeds from Hughes Aircraft. The IRS cast its greedy eyes on those profits and forced the sale of HAC to General Motors, a terrible fit for an Aerospace company. Prior to that time our labs were the best and funding for research was plentiful as long as we kept the Medical Institute happy (remember the first working laser was made in a Hughes lab). After the sale, funds for much independent work went down the tubes.
      Then, in 1997, after we beat Raytheon for the AIM-9X (upgraded Sidewinder missile) competition, Raytheon went deep into debt and bought the whole Hughes defense and aerospace business from a now-wiser GM. Ownership by Mass-based Raytheon, another corrupt Lockheed-style company, was another step down. I retired thankfully before the United Tech-Raytheon merger, but from what I hear from friends still working there, it's even worse now. There is likely an optimum size and level of competition for efficiency and minimum corruption, and it's presently well past that. Kind of like having only two major political parties - a big mistake.

  • @charlesf.5414
    @charlesf.5414 Год назад +22

    I have NEVER heard Eisenhowers full quote!!!! Totally different meaning with that second part!

  • @garrettharriman6333
    @garrettharriman6333 Год назад +901

    I'm really proud of your bravery, Cappy. I'm sure the Military Industrial Complex has no intention of making you disappear.

    • @CaveManSavage
      @CaveManSavage Год назад

      better not ! there is enough high function autism in his fan base to coordinate an ass whoopin where ever they may hide. he is our average infantryman !

    • @ruthnoya8424
      @ruthnoya8424 Год назад +59

      He's on the payroll lol

    • @hannahtavana
      @hannahtavana Год назад +163

      He hasn’t said anything that’s not public information, also has praised them more than he criticized, they’re not some evil corporation but a necessary corporation in need of oversight and legal accountability

    • @MakerInMotion
      @MakerInMotion Год назад +24

      @@hannahtavana You hit the nail on the head. I would start by shutting down their lobbying.

    • @dimitarivanovski6322
      @dimitarivanovski6322 Год назад +1

      That crossed my mind the moment I saw the title. Welp, GG - it was fun while it lasted.

  • @ponz-
    @ponz- Год назад +18

    Bro Ike Eisenhower warned us about all this. An ex military general and supreme commander of allied forces came out and said WE need to be aware of outside influences along with influence from our own military industrial complex

  • @andrewmaneford7382
    @andrewmaneford7382 Год назад +42

    Really really appreciate you talking about the full context of Eisenhower's MIC speech, many others choose to ignore the most important part after it.

    • @CT-zg2mh
      @CT-zg2mh Год назад +4

      I instantly compared it to the second amendment, where the checks on the first part are then said. Removing a check and balance on the machine - through leaving that part out through historical reference and quotes has led to the bad side of the industry taking hold, being two sides of the coin necessary to it's existence though decades of encroachment into politics.

  • @callenclarke371
    @callenclarke371 Год назад +67

    Chris, this is the best thing you've done. This is exactly where I'm at, ideologically speaking. Not partisan, but seeking the truth. Your work is nuanced, well-thought out, and compelling.
    Most of what I see on RUclips is over-simplified and deterministic. The Leftist and Rightist biases are only too evident, and I often feel like I'd do better taking a dramamine before I watch. I'm so used to it, I don't even think about the myopia of these pieces when I hit the like button, which I do, because my expectations are low.
    But I want to take all those likes back now. This is what defense reporting _should_ be. No one is a bigger admirer of Lockheed's history than me. Clarence Johnson was a legend. Everybody knows this. But there are real issues at stake here, and we cannot afford to turn a blind eye.
    Well done and keep up the great work!

    • @glennpeterson1357
      @glennpeterson1357 Год назад +2

      You should check out the channel called “Perun”. Not as entertaining as Cappy, but amazingly thorough and well explained stuff

    • @teddy.d174
      @teddy.d174 Год назад +2

      Very well written, callenclarke371…and yes, Perun is fantastic.

  • @kenfowler1980
    @kenfowler1980 Год назад +195

    Brilliant article! Same has happened here in Australia. the only difference is the Australian tax payer owned our defence industries and our governments sold them off (to foreign owned corporations). Now we are engaged in the biggest defence spending ever! And at the same time everything else is falling apart!
    Thanks for again showing the risks of the Military Industrial complex.
    Cheers

    • @Dinglesmckringles
      @Dinglesmckringles Год назад +16

      That's completely insane, it's the biggest conflict of interest there could be.

    • @aaronleverton4221
      @aaronleverton4221 Год назад +14

      @@Dinglesmckringles No. The biggest conflict of interest is when the head of the government owns a corporate entity whose only customer is the government.

    • @kenfowler1980
      @kenfowler1980 Год назад +5

      For the last 20 or so years it’s all about making political decisions- when a certain American truck company threatened to shut down its production line - the contract was awarded to supply trucks to that company that were totally unsuitable for the proposed role so new ones were invented!
      Ships were built that turned out to be useless, helicopters as well (on the promise of some assembly in this country etc etc Now that is a conflict of interest!

    • @tsubadaikhan6332
      @tsubadaikhan6332 Год назад +13

      @@Dinglesmckringles Australia is in a difficult position. Our wages are among the highest in the world, and we're 500 miles from Indonesia, who have some of the lowest wages in the World, so Manufacturing is an incredibly hard field to compete in. Up until the turn of the century we were using British Oberon Class Submarines. But they had technology the British refused to share, so every 5 years each Sub had to return to the UK for overhauling. Hardly a situation you want in a War. We built our own Collins Class Submarines for the next generation, and, as with all new Military tech, they had teething problems, and were way over Budget and Overtime. We recently ended up pulling out of a $90 Billion Dollar Submarine Contract with the French, and created AUKUS for similar reasons. French Subs use French Torpedoes, not American ones. While that Contract was Developing, China signed a Contract to buy $500 Billion worth of French Airbuses. If we got in conflict with China, would France sell us Torpedoes or Maintenance?
      Arleigh Burke Destroyers are too large for our requirements, so we built half size ones of those, the Hobart Class. Again, Billions over budget and time. Finally, we're now in a Partnership with the UK and Canada where we are all building versions of the UK's Type 26 Global Combat Ship. Hopefully, this being spanned across 3 Countries means we'll share development costs, and have a Global Network of Harbours where Maintenance can be done.
      All this work is performed by Private Enterprise, but they are Private Companies who have only One Contract, and that's with the Government. BAE, Lockheed and Raytheon are all Partners who get paid well to establish Manufacturing here. The Type 26 is a Boat that we're hopeful will have an export market to Partners in South East Asia and elsewhere. That said, South Korea is one of the largest Ship-Builders in the World, and an exporter of their own Fine Weapons. South Korea's Shipbuilding, like Hyundai and Samsung, are heavily subsidised by the South Korean Government though. More so than we do.

    • @conormcmenemie5126
      @conormcmenemie5126 Год назад

      The expansion of China with its population obesity has its obvious eye upon the sparsely populated Oz continent. If you want peace, prepare for war.

  • @leeming1317
    @leeming1317 Год назад +18

    You're reports are exceptionally good.
    I look forward to them all,
    I think you do a great jobs of sharing both sides of a story.
    Reminds me of the late-night television of smart men talking in front of a black screen.
    Thanks for the insights Cappie!

  • @petesheppard1709
    @petesheppard1709 Год назад +37

    A nicely balanced overview, despite some historical errors about aircraft. They are doing essential work, but they are people who need oversight.
    Have you considered a similar video on Boeing and its relationship with McDonnell-Douglas? That is an interesting series of acquisitions and mergers.

  • @authormikemontie250
    @authormikemontie250 Год назад +88

    You do an awesome job presenting interesting and important information Chris. You put the mainstream media's so called, "investigative reporters" to shame.

  • @Schmidty1
    @Schmidty1 Год назад +12

    Sir Cappington III, this was your best work yet. Well done mate.

  • @JulezWinnfield
    @JulezWinnfield Год назад +11

    The P-38 Lightning was flown by the top two highest scoring USAAF aces in WW2 (Richard Bong-40 victories, Thomas McGuire-38 victories). It was a legendary fighter plane.

  • @74Dragon
    @74Dragon Год назад +81

    Big fan of the channel especially with being former Army. I work in aviation and only have to correct a few things. 1st the civilian passenger aircraft is called the L ten eleven. 2nd that was a DC-8 not DC-10. DC-8 is a quad jet(4 engines) that competed with the Boeing 707/720. The DC-10/MD-11 were tri jets(3 engines) and were the biggest competitors of the L1011.

    • @bhess1212
      @bhess1212 Год назад +6

      As a mechanic that worked on them it really hurt hearing him not say L-ten-eleven.....

    • @74Dragon
      @74Dragon Год назад +1

      @@bhess1212 yeah it hurts a little

    • @soarabove337
      @soarabove337 Год назад +1

      Nerd(s) alert. Haha good catch mates, appreciate the precision and admit idk a MD-11 from a CH-53, let alone a L ten eleven lol.
      Well okay... that might not have been a great example, but I think you know what I'm talkin' about. 😉

    • @Rugmunchersauce3
      @Rugmunchersauce3 Год назад

      @@soarabove337 . What the FUNK are you talking about, kid??!😉

  • @donnbyrne1971
    @donnbyrne1971 Год назад +11

    Absolutely outstanding! Kudos for your willingness to bring this issue out into the light and discuss it. Though I'm an enthusiastic proponent of the "Big Stick" philosophy I'm also a Vietnam vet and as such am convinced that citizen involvement is essential to keeping our country on the right side of any armed conflict and related processes. Thanks again for your efforts.

    • @destroyerarmor2846
      @destroyerarmor2846 Год назад +1

      Corporations are citizens

    • @johkupohkuxd1697
      @johkupohkuxd1697 Год назад

      @@destroyerarmor2846 Persons perhaps, but not citizens. Atleast that's my extremely limited understanding of U.S. law.

  • @billbrockman779
    @billbrockman779 Год назад +101

    Living a few miles from the birthplace of every C-130 in the world, I have a warm feeling for Lockheed. I drilled at the adjoining Air Reserve Base for 15 years.

    • @kukulroukul4698
      @kukulroukul4698 Год назад

      yeah ....this while our countries become slaves of the FMI
      Hope you croak :(

    • @kukulroukul4698
      @kukulroukul4698 Год назад

      Lockheed and Nortthrope PRICING creates wars !

  • @BloodBaath
    @BloodBaath Год назад +2

    Love that someone with credibility, a military man, is taking in these important issues. One of the few people that can.

  • @lolzormachine
    @lolzormachine Год назад +18

    Each video is better than the last, and this is the best one yet. Keep up the improvements; you could end up being a major media outlet!

  • @kiwihame
    @kiwihame Год назад +27

    Superb informative and well balanced overview Chris. In most other countries "Lobbying" would be stamped out as corruption... they do need to be held to a higher standard.

    • @marcoaurelio4903
      @marcoaurelio4903 Год назад +1

      like the lawfare actions by united states against france andd brazil? humm i see double standards here...

    • @kiwihame
      @kiwihame Год назад +1

      @@marcoaurelio4903 not disagreeing.

  • @TheSuperhomosapien
    @TheSuperhomosapien Год назад +17

    "The Power Elite" by C. Wright Mills is an often overlooked work that is even more relevant today that when it was published in 1956 and probably had influence on Eisenhower's 1961 farewell address when he addresses the Industrial Military Complex.

    • @kukulroukul4698
      @kukulroukul4698 Год назад +4

      i would ARGUE (very bitterly) that Smedley Butler had an influence on Eisenhower

    • @jerrywatt6813
      @jerrywatt6813 Год назад

      War is a racket and the power elite are both warnings that few even know about ! Was Ike just covering his tracks in his MIC speech on the way out the door ?

  • @NGC-7635
    @NGC-7635 Год назад +26

    As a big fan of the P-38, I'm just sad it only had one 20mm. I feel like it if it had 2x 20mm and 4x .50 cals it would've been a death ray plane. But probably that extra 20mm would make it a little too nose heavy and mess up some of the flight characteristics

    • @tanvirahmedaadeef1034
      @tanvirahmedaadeef1034 Год назад +1

      Seen different takes on this idea, the gist of it is as you said trim characteristics would have to be massively re-engineered to deal with that much push back from that arsenal. Moreover there isnt even room for that much ammo so you would empty your entire stock pretty fast, so the middle ground is to have 1 good gun on a fast maneuvering and efficient plane

  • @canine555
    @canine555 Год назад +17

    Great video…..in my opinion, your best ever! Thoughtful and educational…well done.

  • @dalestark3343
    @dalestark3343 Год назад +2

    CC, you just might win an award for best news broadcast! Thanks great info and necessary reminder!

  • @thedownwardmachine
    @thedownwardmachine Год назад +17

    Nice video with some subtle points and well thought out arguments, pointing out the benefits and dangers of a privatized military industry.

  • @jepkratz
    @jepkratz Год назад +3

    Lookit the big brain on Kappy! Truly, some pretty insightful and balanced analysis on a complex subject.

  • @ronaldmclaughlin255
    @ronaldmclaughlin255 Год назад +8

    Might just be your best one yet Cappy, bravo.

  • @rsj2771
    @rsj2771 Год назад +5

    I would love to see a series covering some of the other prime contractors! Keep up the good work

  • @HarvickOne
    @HarvickOne Год назад +95

    Thanks for the history lesson for the company I currently work for.

    • @mrmuffin5046
      @mrmuffin5046 Год назад +10

      so jealous..i wish i was smart...would apply in a heartbeat

    • @josephvelasquez2677
      @josephvelasquez2677 Год назад +2

      Nice bro 👍

    • @cann5565
      @cann5565 Год назад

      Cool

    • @kmilorestre5223
      @kmilorestre5223 Год назад +8

      The ccp thanks u for the info

    • @jordanlaw9936
      @jordanlaw9936 Год назад +11

      @@kmilorestre5223 the CCP couldn't even replicate the technology if they tried.

  • @antonnurwald5700
    @antonnurwald5700 Год назад +4

    I gotta say, this channel is evolving! I love this historic stuff. On the other hand I still enjoy the odd piece of military hardware.

  • @mikedebear
    @mikedebear Год назад +14

    I'll say this right now- Cappy didn't kill himself

  • @junaidazam12
    @junaidazam12 Год назад +2

    This was one of the best ones yet ! love how you brought it back around to the Eisenhower quote by the end

  • @PricelessMikie
    @PricelessMikie Год назад +69

    I am surprised you didn’t bring up Lockheed buying Sikorsky Aircraft (one of the future vertical lift competitors) and then partnered up with Bell (the other future vertical lift competitor). They win either way. It was just announced that Bell/Lockheed won the contract. (This is what will replace the Blackhawk).

    • @briancavanagh7048
      @briancavanagh7048 Год назад +6

      At what point will government need to consider breaking up LM similar to what happened to Bell Telephone or Standard Oil due to issues with a monopoly in the industry?

    • @CLASHROYALE-mn5wj
      @CLASHROYALE-mn5wj Год назад +7

      @@briancavanagh7048 as long as Boeing and Northrop exist . They won't break lm up . Most likely in future , ftc will start to deny them acquisition licences stating monopoly practises or anti competitive practises

    • @SemiMono
      @SemiMono Год назад +11

      It's just a state-run defense organization posing as a private company.
      There are a lot of organizations now that are enjoying the benefits of operating as a trust and near monopoly, and they aren't broken up because the gains from the monolith model combined with industrialization and economies of scale are deemed too worthwhile. I think maybe we've gotten a bit too greedy and complacent.

    • @TheFriendlyInvader
      @TheFriendlyInvader Год назад

      @@briancavanagh7048 There's no need to because they aren't a monopoly, sure they're a large and very diverse company, but large companies aren't necessarily monopolistic in nature. This isn't to say wide companies can't be bad, but for them to be bad the company basically has to sit in a position where they completely dominate the entire economy, ala asian mega corporations like Samsung or Mitsubishi.

    • @johkupohkuxd1697
      @johkupohkuxd1697 Год назад +2

      @@TheFriendlyInvader "The entire economy". I staunchly disagree, dominating a single industry should be enough grounds for anti-trust crackdown.

  • @josesaidwhat
    @josesaidwhat Год назад +4

    Lockheed is a private company but many who work and manage for them are former military. The truth is lockheed is only a few government documents away from being a government agency.

  • @Tomshaaaa
    @Tomshaaaa Год назад +3

    The amount of work and research you put into these videos is amazing!
    It was super interesting. Well done Chris!

  • @IllIl
    @IllIl Год назад +4

    Very measured and insightful take on the subject, thanks Cappy. The most important thing is really the alert and informed citizenry. No process or law is ever going to prevent corruption. The only way to hold government and parastatals accountable is to have level-headed, fair minded, alert and active citizens.

  • @tmaffia
    @tmaffia Год назад +5

    Fantastic video, probably your best video yet. People often overlook the fact that this company gets recurring payments every year, in which they are not committed to. Meaning they will go back to the government and get more money, and because of the lack of competition, and rising cost of development, the government has little choice but to pay them. At the same time, the taxpayer is actually funding some (if not all) of the development of any of their new products... The government needs to actually pay companies like Lockheed to actually work on new things ... I just fundamentally don't believe that can be true, while still believing that they are really looking out for America's best interests.
    At the absolute very least, the government needs to stop these companies from buying their competition, or working together on a single bid. Lockheed probably didn't care if the SB-1 or the v-280 won the army contract, because they are making money from both of them.

  • @thatonebananabananaman8565
    @thatonebananabananaman8565 10 месяцев назад +2

    “Privatise profits socialise losses “ now where have I heard of that

  • @m44ttg
    @m44ttg Год назад +3

    Your work keeps getting better and better. Keep at it!

  • @Cavemanner
    @Cavemanner Год назад +2

    First video where the last line had me unironically shouting HOOAH! Thanks for all you do, Cappy and the team!

  • @nanowithbeans2511
    @nanowithbeans2511 Год назад +9

    "lockheed martin became the walmart of the defense industry"
    As a temporary representative of noncredibledefense, lockmart will forgive your criticisms of the military industrial complex and will be giving a bonus instead.
    on the real though, I appreciate the nuanced message of promoting responsibility in checking the defense industry. As america has by far the most potent accountability measures in military corruption compared to say Russia or China whose corruption affects their defense potential. I also never actually knew the full context of Eisenhower's farewell address.

  • @takashammy
    @takashammy Год назад +2

    Love the longer format videos! Keep em coming 💪🏻

  • @user-ce7bj4rk8r
    @user-ce7bj4rk8r Год назад +4

    Top notch video. Good to see you making better and better content. Keep it up.

  • @tasmanianduval1931
    @tasmanianduval1931 Год назад +2

    I appreciate your non-biassed and honest view on things.

  • @couespursuit7350
    @couespursuit7350 Год назад +4

    The Lockheed P3-C, one of the best Anti Submarine Aircraft ever built. It helped keep tabs on Russian Ballistic Missile Submarines. Used by Australia around the world to Norway. It was on scene from the Cuban Missile Crisis and over the skies of Afghanistan.

  • @m.junaidmahmood4209
    @m.junaidmahmood4209 Год назад +1

    Your videos are truely well balanced in their accessment of difficult topics that have people in favor or against of on both sides.

  • @nick4506
    @nick4506 Год назад +10

    martin was a different aircraft company that was huge. they made the martin mars a massive flying boat that is still being used as a water bomber. they also made the monorail system for disney land.

  • @waylandforge8704
    @waylandforge8704 Год назад +2

    I'm very impressed with your work. I was already aware of the details of your topic and your summary was concise and precise without fanfare or theartics. I'm also impressed by the depth and breadth of your topics and subject matter in general, hency my subscription. Good job well done,

  • @DasBullWy
    @DasBullWy Год назад +12

    This is really great stuff and provokes thought. We need more pieces like this so we can have these discussions. Great work Cappy and team!

  • @prodigal1970
    @prodigal1970 Год назад +10

    Chris, can you do a report on Union Carbide? They are another large government contractor that deals with chemicals, etc. This company has caused more tragic deaths from faulty or downright criminal management than any other company I have ever heard of.
    Btw, Lloyd Austin is a company man who has always protected his own interests in my opinion, at least this is what I saw of him when I worked under his command in Afghanistan.

    • @teddy.d174
      @teddy.d174 Год назад +2

      They’re all out to protect their interests, above that of the country.

  • @mikekopack6441
    @mikekopack6441 Год назад +182

    And as a LM employee, let me tell you, we are forced to go through an astounding amount of ethics and "compliance training" and testing EVERY DAMN YEAR to address all these things you're complaining about.

    • @zemog1025
      @zemog1025 Год назад +55

      the price of being in bed with the government

    • @XDSDDLord
      @XDSDDLord Год назад +89

      You might, but your boss's bosses don't. Being corrupt is above your pay grade.

    • @Appplethefruit
      @Appplethefruit Год назад +9

      And also prolong, even cause wars. Isn’t that pure brilliance?

    • @dickmelsonlupot7697
      @dickmelsonlupot7697 Год назад +37

      which is ironic since it's not rank and files doing the corruption here but the guys at the very top

    • @tigo01
      @tigo01 Год назад

      It's just a dog and pony show for LM to claim "hey look, we take ethics very seriously" Do you think the CEO and top management are forced to take that training and testing as well? or what? they'll be fired?

  • @ericanderson8965
    @ericanderson8965 Год назад +2

    Former LM guy here: I've worked in Defense for over 35 years and various companies, large and small. I spent 15 years with Lockheed and have found them to be the 'Boy Scouts' of Defense Contractors in the way they do business.

    • @kukulroukul4698
      @kukulroukul4698 Год назад

      sounds cute and SAFE :)

    • @kukulroukul4698
      @kukulroukul4698 Год назад

      HAVE YOU LOOKED INTO THE conditions that ASTRA workers live in ? and have to IMPROUVE and persevere

  • @PermanentExile
    @PermanentExile Год назад +4

    Excellent video. Thank you for putting it together.

  • @felixarmor7
    @felixarmor7 Год назад +2

    People often reference Eisenhower about the military industrial complex but Two time Medal of Honor General Smedley Butler wrote a book on it called War is a Racket. The first empire building we did and kicked off the Spanish American War where we “acquired “ the Philippines. Look up USS Maine boilers exploded in Cuba port and we blamed Spain.

  • @awesomepawn2
    @awesomepawn2 Год назад +4

    this is absolutely excellent, everybody should watch this video.

  • @rreichar1
    @rreichar1 Год назад +2

    One of the more interesting videos that you’ve done. Nice job!

  • @EuroNoobz
    @EuroNoobz Год назад +3

    Thx for this extensive and detailed Lockheed documentary, very informative 👌

  • @duckman12569
    @duckman12569 Год назад +29

    My Grandpa was a brickie, but during the war he trained pilots (imagine a brickie today who's a pilot in his spare time, go figure).
    When he showed me his identification manual, I was instantly drawn to the p38 as my favorite. The dual fuselage looked awesome.
    Apparently, judging by it's service record, my impression was on the money.
    Also fuck the MIC

    • @leonardusrakapradayan2253
      @leonardusrakapradayan2253 Год назад +3

      Nah the MIC is important, which is why we REALLY need to keep an eye on it so that its not tipping the balance in governments.
      Like what cappy said, you want it to defend against our enemies but you don’t want it to extend conflicts for profit

    • @zachhoward9099
      @zachhoward9099 Год назад +1

      @@leonardusrakapradayan2253 the MIC has done nothing but keep America tied up in war or war spending for zero good reason. And I firmly believe the reason they were fine with getting out of Afghanistan is because they knew within a year the US would be involved in supplying weapons to the Ukrainians

  • @zacharydavis4398
    @zacharydavis4398 Год назад

    0:00 - 3:06

    Thanks for spending the time to create and share this content🤙🏾. Should do a video of the history of Big Tech to finish things off

  • @francescoboselli6033
    @francescoboselli6033 Год назад +22

    As an Italian, so Living in a country where corruption is a big issue, I always find funny the use of "lobbying". To me it just seems a way to glorify and legitimated corruption.
    I would like to know what USA citizens reading my comment think of that

    • @rsj2771
      @rsj2771 Год назад +5

      It sucks but it is also impossible to change, politicians like the money they get, lobbying firms like making money off the process, and the companies doing lobbying like influencing the government.
      My aunt actually owns a lobbying firm in D.C. that has done work for Lockheed and I work for one of the other prime contractors.
      I don't like it but given my position I don't have many choices...

    • @ninjagecko980
      @ninjagecko980 Год назад +3

      In general, agreement

    • @MT-ej5bf
      @MT-ej5bf Год назад +1

      Donating is giving money without you expect something in return, bribe is giving money when you expect something in return.

    • @geordiejones5618
      @geordiejones5618 Год назад +3

      @@MT-ej5bf no one donates hundreds of thousands without wanting something

    • @MT-ej5bf
      @MT-ej5bf Год назад

      @@geordiejones5618 so it's corruption

  • @stevechewning7741
    @stevechewning7741 Год назад +1

    Your range of subject is absolutely amazing. Keep it up.

  • @destroyerarmor2846
    @destroyerarmor2846 Год назад +3

    I'm from Iraq, and I will never forgive Lockheed Martin

  • @Appplethefruit
    @Appplethefruit Год назад +2

    Cappy, this is so well made, they should give you a Pulitzer. 🥰

  • @busboy262
    @busboy262 Год назад +3

    I enjoy nearly everything that you guys produce. Your research people have really shined as of late. Your newest videos are different, but stay within what I recognize as your mission.
    This was your best work to date. Thank you.

  • @edwardhickman6972
    @edwardhickman6972 Год назад +2

    We've had total regulatory capture by major financial institutions in the United States since at least the early 90s. This is a very important topic to unpack.

  • @daiakunin
    @daiakunin Год назад +3

    For an average infantryman this was a far above average historical video!

  • @SleepingCube
    @SleepingCube Год назад +2

    "The L-1011 Tristar with two engines doesn't exist, it can't hurt you"
    *The L-1011 Tristar with two engines* 16:45

  • @angrymegamind5139
    @angrymegamind5139 Год назад +2

    Wow Cappy your videos are great in general but this was one of your best. Keep up the good work.

  • @HerbertWest519
    @HerbertWest519 Год назад +4

    Thank you for your work. Amazing video

    • @Taskandpurpose
      @Taskandpurpose  Год назад

      glad some people liked it I'm trying some new things out here and there

  • @joshuacalloway4637
    @joshuacalloway4637 Год назад +1

    “McMissle”…something I can never un-hear…and I’m not mad about it.

  • @Scarbell
    @Scarbell Год назад +13

    As someone who works for LM, this was very interesting to watch.

    • @litsci4690
      @litsci4690 Год назад +8

      Have they shown you the alien bodies yet?

    • @kenos911
      @kenos911 Год назад

      @Little Sciolism I bet they keep plenty of aliens from earth in Area 51…

  • @chrissmith4568
    @chrissmith4568 Год назад +2

    Excellent video. Thank you for doing it so well!

  • @331SVTCobra
    @331SVTCobra Год назад +6

    For future reference, Lockheed's tri-jet airliner was referred to as the "L ten eleven".

  • @lukesteel2028
    @lukesteel2028 Год назад +2

    Thoroughly enjoyed this lil history lesson. Love hearing about the military industrial complex. This is not your average infantryman, this is a freaking historian.

    • @kukulroukul4698
      @kukulroukul4698 Год назад

      bookstorian not historian
      He s a bookstorian

    • @kukulroukul4698
      @kukulroukul4698 Год назад

      also he can make things popping up ...but thats for a selected few only :)

  • @boomie54
    @boomie54 Год назад +3

    Notice Eisenhower made that speech as he left the White House for good. Why didn't he deal with it while he still had power? Maybe he was afraid to.

  • @Thunder_6278
    @Thunder_6278 8 месяцев назад +1

    The F-104 starfighter was the beginning of big time corruption at Lockheed, even thought it was a damn good plane, but extremely limited. 😒

  • @supersmashbrosevil
    @supersmashbrosevil Год назад +3

    27:56 imagine thinking being a military power trying to submit the world to their desire is the opposite of being a dictatorship

  • @Chironex_Fleckeri
    @Chironex_Fleckeri Год назад +1

    They make some good stuff lol
    We love what our MIC does and we shouldn't apologize for this. The MIC is interesting but ultimately is necessary to preserve our advantages.
    I applaud you for talking about this. No wonder you have gotten so yuge. This channel is one of the most important drivers of recruitment and interest in our military. You are doing great work, but have no doubt that the MIC of the USA is absolutely top tier. Someone even suggested a VPN sponsor of yours to convert 4th gen fighters with a toggle switch that allows them to go Gen 5 with a simple affiliate link, saving taxpayers untold hundreds of dollars. Perhaps even 0.001%/operating hour in expense savings.
    Ridge Wallet? We will look for an angle for you on that one. It must be a helluva thing

  • @doomfistXD
    @doomfistXD 9 месяцев назад +4

    so thats where the tax money is going... 47 Billion$ bruh

  • @The_Foolish_Fool
    @The_Foolish_Fool Год назад +1

    I've been to Lockheed Martin Marietta and it was a neat experience as a student watching them making the C-130's

  • @jaredr.7905
    @jaredr.7905 Год назад +39

    this is why i think america will be okay in the long run, cause the country allows videos like this to circulate to inform the public so they're aware unlike authoritarian countries like china, russia, saudi and iran where any kind of criticism is met with censorship so instead of healing the corruption festers until it blews up on your face. Thanks for this video, keep it coming!

    • @teddy.d174
      @teddy.d174 Год назад

      Haven’t you seen the twitter files that were released, showing how the FBI, CIA, NSA and other government agencies, directly interfered and suppressed information on Twitter and other big tech platforms? I agree with you, we definitely have it better than other countries, however our government is sticking its nose where it doesn’t belong.

    • @imza5535
      @imza5535 Год назад

      Well I think America is in a position where if obvious censorship is shown, it's probably gonna bring up international controversies. And it may be seen as hypocritical to most people which would lead them to a worst situation.

  • @billymania11
    @billymania11 Год назад +1

    An even and balanced look at Lockheed. I've learned some stuff, so good job. We still need to keep an eye on these guys.

  • @mciamx3
    @mciamx3 Год назад +14

    The Lockheed L-1011 was usually pronouns as "L Ten Eleven", not "L One Zero One One"

  • @Jarod-te2bi
    @Jarod-te2bi Год назад +1

    Your evolving into a great military and political journalist dude, merry Christmas 🎄 from Canada 🇨🇦

  • @fordjohnson5321
    @fordjohnson5321 Год назад +1

    I really enjoy your big picture episodes. Thanks a lot.

  • @Hotshot2k4
    @Hotshot2k4 Год назад +5

    The audio in this one was rough. There were a handful of really distorted sections, along with the usual changes for parts of the video which were recorded at different times. Really enjoy the videos overall though!

    • @pyrochemist
      @pyrochemist Год назад +1

      Typical blue yeti picking up a hand hitting a desk.

  • @plflaherty1
    @plflaherty1 Год назад +1

    Another great piece Cappy!

  • @GreenBlueWalkthrough
    @GreenBlueWalkthrough Год назад +4

    Great video your best by far! And your right by the way.

  • @maxkupferman2118
    @maxkupferman2118 Год назад +2

    Phenomenal and balanced presentation. Thank you!

  • @TheLevitatingChin
    @TheLevitatingChin 11 месяцев назад +3

    No lockheed, no airforce.

  • @nessci2355
    @nessci2355 Год назад +1

    more of these please, they're great

  • @justme_gb
    @justme_gb Год назад +3

    To put the Lockheed 80 Hp 3-seater in perspective, the WWII Willys MB had a 60 Hp engine.

  • @angelin0912hn
    @angelin0912hn Год назад +2

    Giving politicians money in exchange for favorable legislation is called corruption not lobbying.

    • @brandonmorel2658
      @brandonmorel2658 Год назад

      The companies give the money to think tanks so that they create studies that influence public perception and most importantly the politician's. They can also give the money to politician's campaigns so that later they owe a favor. It's convoluted but it still corruption like you say.