Lockheed’s nuclear-fusion project sounds promising, but remember: It is the federal government’s largest contractor.
Lockheed Martin thinks it may just about have a handle on this nuclear-fusion thing, but the U.S. government cannot manage to keep Ebola patients off a flight to Cleveland. Sometimes, you simply must hate the 21st century.
Lockheed’s announcement about its ambitious fusion project, which if successful would represent a fundamental economic and technological shift for the entire world, is the sort of thing that makes one pause to consider the possibilities. The end product would be a relatively compact (small enough to haul on a semi) reactor that could with a few pounds of fuel and no emissions power aircraft and spacecraft that effectively never need refueling, transform and decentralize power grids, and do much more. The libertarian in me is tempted to say, “Aha! There’s your private sector in action!” and to prepare my soul to enjoy the spectacle of people who are terrified about carbon dioxide emissions prostrating themselves before Lockheed’s research team. But Lockheed Martin isn’t really the private sector; it is year in and year out the federal government’s largest contractor, and federal contracts account for about three-fourths of its revenue. It relies on a government-dominated enterprise, the universities, for its most important input, raw brainpower.
But if one is willing to let up on the ideological rigidity, the Lockheed outcome is a pretty good one: The firm is largely engaged in helping the federal government provide a legitimate public good — defense — and it does so in a competitive market, throwing off a raft of profits and some very cool innovation in the process. If everything that government had a hand in looked like MIT, DARPA, and Skunk Works shenanigans, it would not be a perfect outcome, by any measure, but it would be a pretty good one. For all of the waste and excess in defense appropriations and contracting, and despite the occasional outbreak of Brigadier General Jack D. Ripper–ism in the commanding echelons, there is a sense that this represents government doing what it is intended to be doing, and doing it relatively well.