Posted on 10/04/2023 8:28:08 AM PDT by MNDude
The defense industry is bullish about military contracts to supply the Ukraine-Russia war, and replenish U.S. military stockpiles depleted by weapons transfers
Just switching gears to Ukraine,” said Morgan Stanley analyst Kristine Liwag, during an investor town hall with the firm. “What’s the opportunity?”
Jay Malave, the chief financial officer for Lockheed Martin, noted that his company is supplying Javelin anti-tank missiles, HIMARS mobile artillery rockets, and PAC-3 air defense missiles, among other missiles and munitions for the war.
Lockheed Martin has “visibility” of orders that include “$10 billion of opportunity,” Malave said. The surging growth, including orders to replenish U.S. military stockpiles depleted by weapons transfers to Ukraine, he continued, means "demand is enduring between, frankly, now to the end of the decade.”
Listen here:
The Ukraine-Russia conflict has killed or severely injured over half a million people on both sides. The war, now mired in a brutal counter-offensive by Ukrainian forces attempting to retake territory in the eastern region, has no end in sight.
But the war has created unique business opportunities for arms manufacturers and dealers to not only supply Ukraine with weapons but to also refill stockpiles of NATO countries and meet the demand for rapidly growing European defense budgets.
Last week, Reuters revealed that the Biden administration "is close to approving the shipment of longer-range missiles packed with cluster bombs to Ukraine, giving Kyiv the ability to cause significant damage deeper within Russian-occupied territory." The U.S. is reportedly considering the transfer of either or both the Army Tactical Missile Systems (ATACMS) or Guided Multiple Launch Rocket System (GMLRS) missiles to deliver cluster munitions. Both systems are produced by Lockheed Martin.
(Excerpt) Read more at leefang.com ...
I believe this boast. Even if the war in Ukraine ended this afternoon, it would take until the end of the decade to replenish our defense stockpiles.
Retirement check security.
EVERY PENNY of these BILLIONS they are bragging about COMES BY INCREASING THE NATIONAL DEBT….EVERY PENNY.
The Neocons are going to de-populate Ukraine.
A lot of NEW technology will come from this.
I am NOT saying I agree with it or not. But I have worked at LM and it was some fine, America-loving people. Plus they make bad guys go all ‘xsplody)
These people deserve a Roman style execution
” lot of NEW technology will come from this.
I am NOT saying I agree with it or not. But I have worked at LM and it was some fine, America-loving people. Plus they make bad guys go all ‘xsplody
Lol Lmc and the neocons are the bad guys
Endless foreign wars.
I got the opportunity to walk their F-35 production line a few times (a mile long under the same roof), which was cool. (Yeah, agent Mike, you already know) They’re part of the problem, however.
“EVERY PENNY of these BILLIONS they are bragging about COMES BY INCREASING THE NATIONAL DEBT….EVERY PENNY.”
Yep. It is exactly why we went in to the Ukraine and kicked Putin’s hornet’s nest next door.
It is all about the MIC and war profits.
I wonder how many shares of Lockheed(and other defense contractors) the Biden criminal family and its shell companies own?
One of our sales twerps went to work for them. Good fit, he doesn’t understand profit.
The military industrial complex long con continues....
A LOT.
I worked at Lockheed Martin’s it Department 20 years ago, and it was a total garbage company then. Every computer programmer and engineer spent all day playing computer games. I Can Only Imagine how much worse it is now with the new generation in the workforce.
Of course you are correct. But it has long been my belief that anyone who bets against inflation in his personal investments is a fool.
Instead of railing against government overspending and raising your blood pressure, align your life with the certainty of government-fueled inflation and profit handsomely.
I’m doing just fine. But I hate to see many of my fellow Americans being impoverished.
This is good news if we are going to be ready for China.
Two years ago we and the West were stagnant in ammo/weapon production and sitting on old stocks, much of which was going to cost a fortune to dispose of as it aged out.
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