Lockheed CEO: Space is Broken

Posted by Sam Churchill on

It’s better to destroy than create what’s unnecessary. —

Lockheed-Martin CEO Robert Stevens warned Tuesday that “space is broken, badly broken” and the U.S. space effort needs an infusion of both federal funds and engineering infrastructure to rescue both civilian and military efforts, reports EE Times.

In a keynote speech at the National Space Symposium, Stevens said the current national level of 78,000 engineering graduates a year is woefully inadequate. “One in four engineers at Lockheed-Martin is now over 50,” he said. “Today’s engineer has choices of where to apply talent, and we need to rekindle the excitement for space.”

Stevens said the U.S. is in danger of “ceding our spaceflight leadership to Russia, China and even India,” and that leadership could not be preserved without a sustained investment. He called for doubling NASA’s budget at a cost of only 32 cents a day for every American. Americans are willing to spend more on pets or gifts than on commercial space, he said.

Well, yeah, maybe Lockheed could use more corporate welfare to compete with commercial space ventures like Space X. I got it — let’s send someone to Mars! Stay overnight at Bob Bigelow’s place.

DailyWireless has more on Space and Satellites.

Posted by Sam Churchill on Wednesday, April 11th, 2007 at 1:03 pm .

2 thoughts on “Lockheed CEO: Space is Broken

  1. I used to work at Lockheed and Stevens should look close to home when he’s pondering why bright-young-minds(tm) don’t bother with engineering. Within three months of hiring in at LM out of college there was a “RIF” followed by another months later and continuing every 4 months during my 3.5 years with the company. Out of 12 college graduates in 99-00 9 were laid-off, 2 (including myself) left on their own and 1 person still remains with the company. Just last year I heard that management at Lockheed Space is frustrated by the “lack of loyalty” to the company. I wonder why.
    So, Mr.Stevens. Why would a “bright-young-mind”(tm) chose engineering as a career when there are other careers that are less difficult to master, pay better, and have more job security than engineering? You want more engineers you’re going to have to pay for them.

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