Excellent Contrarian Opportunity – The Military Industrial Complex is too Important to the Work Force of this Country

Lockheed (LMT-NYSE) and its suppliers have invested billions of dollars into an effort to bring per-plane production costs in line with current generation fighters, such as the F-16.  LMT P/E is ONLY 14.40 with a promising growth contract with India and Turkey.

UTX, supplier of the jet engines, is a positive indicator that there will not be drastic cuts.  The jet engine is one of the most expensive part of a fighter.  BA holding strong, down fractionally.

5 thoughts on “Excellent Contrarian Opportunity – The Military Industrial Complex is too Important to the Work Force of this Country”

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