02-14-2020, 05:29 AM
(02-14-2020, 01:50 AM)vbin Wrote: I also only own LMT, bought a small position last year and very small position in GD. Had bought RTN and few others after much research but sold them after some decent run. Only LMT and GD remaining. Should have loaded heavily. LMT is on a good run and ts still not expensive.
LMT's new enormous long-term contracts make it nearly impossible to screw this up. I should have learned when I was in the military. When my career started a new Hummer was $25K. When I retired, just the LHX (Harris) SINCGARS radio in most every Hummer cost about $25K. The equipment in good, but OMG is it lucrative. After the initial fielding that lasts 5 years, they make money for the next 10-20 years providing system upgrades. The real money is in combat aircraft, missiles and air defense.