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The end of accounting, and why cost-based pricing loses relevance in the innovation economy
Interviewer: Are you familiar with the economic theory of the bootleggers and the baptists? It explains the notion of why prohibition was able to last […]
Interviewer: Are you familiar with the economic theory of the bootleggers and the baptists? It explains the notion of why prohibition was able to last […]
It starts back in the 1960s with the Apollo program being successful. The way that space used to work back then was that everything was […]
How Lockheed Martin Ventures manages its early-stage $200M fund. Was established in 2007, returning $80M on the first $100M invested. A slice: “We started realizing […]
Here is Senator Stuart Symington lambasting the Air Force in December 1971 about their inability to develop new fighter aircraft: I have pictures which prove […]
Traditional acquisition metrics can be a major problem for adaptable systems. The Earned Value Management System (EVMS) is a common tool for measuring progress in […]
Harry: You say: “If soldiers trust the general, communication will be vastly more efficient.” What are your biggest lessons on how to create an environment […]
A fairly common pattern in the past and the present has been the carrying out of development even of a fairly exploratory nature by the […]
Loose cultures have a great benefit in terms of creating ideas but they’re not necessarily great at implementing them. So you think of innovation, it […]
But how we build aircraft, that doesn’t make sense. Approaching NGAD [next-generation air dominance] the way we did the F-35 would put us at great […]
One view of the F-35: Pentagon And Lockheed Martin Agree To Big Cost Reduction On F-35 Fighters. A slice: “The most common variant, to be […]
Today, most of our defense funds are appropriated not to the Secretary of Defense but rather to the military departments. The Secretary of Defense and […]
Since 2015, millions of dollars have been invested in the Pentagon’s Defense Innovation Unit, the agency watched as some of its projects fell flat, and […]
Navy aircraft were sidelined as they awaited parts last year that the service actually had in a warehouse. The problem? They didn’t even know the warehouse […]
In 1947, the “Bible” of the nation’s military contractors—Armed Forces Procurement Regulation—was a slim volume of about 100 to 125 pages long. Today, the A.F.P.R., […]
In the system where EverLaw tracks the features and whatever the engineers were working on, there were over 100 tickets in there — or feature […]
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