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LMT news - for those with vested interest
#5
(12-28-2021, 05:27 PM)fenders53 Wrote:
(12-28-2021, 05:05 PM)Scooterd Wrote:
(12-28-2021, 04:49 PM)fenders53 Wrote: Thanks.  That is almost a small contract for them.  Defense aeronautics contracts are just enormous.   One F-35 costs about $80M and $36,000/hr to fly with maintenance costs included.

All in increments. :Smile Love the yearly defense budget passages. This last one was the largest in history.
Closest to monies in the bank I've found for investments. Have been invested in LMT for decades,
Provided me the opportunity  to retire early.
I am a 34yr military retiree and these numbers still never stop taking my breath away.  I maintained a motorpool with 18 howitzers and the 100 combat vehicles that went along with that.  It wasn't cheap by any means but everything combined was about the cost of one fighter jet.  Smile

Fly an F35 20 hrs a month for a year, (which I doubt they do).  You just paid for another jet in maintenance costs.  Drones and missiles start looking cheap.

3rd Generation Vet here as well..

Semper Fi

- Scoot

Greater love hath no man than this, that a man lay down his life for his friends. -John 15:13
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Messages In This Thread
RE: LMT news - for those with vested interest - by Scooterd - 12-28-2021, 05:53 PM
RE: LMT news - for those with vested interest - by cemanuel - 12-29-2021, 05:11 AM



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