🔍 Unexpected $30 billion contract loss for Boeing, Lockheed Martin and Northrop Grumman✈️
In a recent report from the Pentagon, a surprising news was announced: the companies Boeing $BA, Lockheed Martin $LMT and Northrop Grumman $NOC failed in the battle for an interesting contract for drones for the US Air Force. This prestigious contract, worth up to $30 billion ,was won by... Read more
Here's my calendar of highlights for the coming week.💹
Monday: Before the markets open, Sea Limited $SE, aglobal technology company in the online gaming, e-commerce and digital financial services industry , will report results . After the close of trading, I'm interested in the results ofAeroVironment $AVAV, which is an American company... Read more
The $NOC company, together with the US Air Force, made the first flight of the B-21 strategic bomber on Friday. 400 other companies participated in the production of this aircraft. The U.S. Air Force plans to buy at least 100 of the machines, and the price per machine could be as high as $750 million.
How do you view armament companies during the ongoing conflicts in the East.Do... Read more
Shares of arms companies have been rising since the start of the war in Ukraine. For example, shares of the largest giant $LMT have risen by up to 20% since the beginning of the conflict. As orders from all over the world increase, so, of course, do arms companies' sales.
Sadly, the arms industry has been experiencing huge orders lately.
Interesting news. I used to be quite interested in $LMT but didn't buy it and currently the stock is expensive.