April 12, 1993 |
In 1970, as the Vietnam War military buildup began to subside, M.L. (Bud) Warrick lost his electronic machinery manufacturing business during the defense downturn. More than two decades later, he is putting his lessons from failure to good use as a consultant trying to persuade defense subcontractors to find new non-defense markets for their products. "The situation was very similar to today, a devastation," said Warrick, 57, an animated fellow--a smoker who paces when he talks.