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Many analysts believe that the plan is too little, too late.
After a year of highly publicized launch failures and lost contracts in its aerospace division, many investors are wondering why the company failed to attack the problem at its core-the defense and aerospace divisions. The answer is simple. The company is aiming to remain competitive in the aerospace and defense industries because airplanes and rockets are what they do best. Both companies are part of what Lockheed deems as not core to the company's focus. The company's central focus is on defense, aerospace, and telecommunications.