Lockheed—the Tire King:

Jan. 9, 2007

Lockheed Martin has teamed with Michelin Aircraft Tire Company to manage logistics and warehousing for all Air Force and Army aircraft tires, per a company release. Michelin picked up a Defense Logistics Agency contract valued at $368 million (or $700 million over 10 years) to privatize tire production and logistics. Lockheed’s share is 15 percent.

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