Let's look at the bright side

This wasn't a very good day for Northrop Grumman Corp. It lost out to arch-rival Lockheed Martin Corp. for that huge NASA contract (see below), worth as much as $8 billion over the next eight years. That's "b" as in billion. But the L.A.-based company at least can count on the Business Journal (FD: my former employer) to help salve the wounds. Under the headline "Northrop Wins One, Loses Another," the paper gives equal treatment to a $95.8 million design contract that it won today. That's "m" as in million. The first sentence: "Northrop Grumman Corp. received mixed news on the business development front Thursday." I suppose that's true - what's the difference in another $7.9 billion, right?


More by Mark Lacter:
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Those awful infographics that promise to explain and only distort
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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