Introduction: A Technological Camelot

David J. Whalen
Additional contact information
David J. Whalen: University of North Dakota

A chapter in The Rise and Fall of COMSAT, 2014, pp 1-5 from Palgrave Macmillan

Abstract: Abstract On December 7, 2001, the 60th anniversary of the Japanese attack on Pearl Harbor, “a Day of Infamy,” an official Lockheed Martin announcement declared that Lockheed Martin Global Telecommunications would be dissolved—seen by many as another act of infamy. Lockheed had worked for several years to get legislation passed that would allow it to buy the Communications Satellites Corporation (COMSAT). A little more than a year after the purchase, Lockheed decided to shut down COMSAT and take a $3 billion write-off. This ended four decades in which the best and brightest of the technologists of the 1960s and 1970s, the height of the Cold War, created the modern era of ubiquitous satellite communications.

Keywords: Initial Public Offering; Federal Communication Commission; Satellite Communication; Entrepreneurial Skill; Pearl Harbor (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39693-8_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137396938

DOI: 10.1057/9781137396938_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().