The folks in Bossier City and Bossier Parish around Barksdale AFB, La., plan to direct $50 million toward a venture to create an Innovation Business Park that they hope would “draw businesses and other interests” to support USAF’s new Cyber Command, reports The Shreveport Times. The Bossier folks also believe the state will add on $40 million. The Air Force fingered 8th Air Force at Barksdale last year to set up the new command, but the service has yet to say whether it would actually remain in Louisiana. USAF expects to stand up the new command perhaps late this summer.
Lockheed Martin projects more than a billion dollars of losses on a classified program, but company officials said April 23 they are confident it will turn profitable by 2028 and become a "franchise" system in the U.S. military.