Stock of the United States’ largest defence contractor Lockheed Martin was downgraded to Hold from Buy at Deutsche Bank by 14.5 percent, with a price target of $523
Not sure the specifics, but I wouldn’t be surprised if there were countries interested in a next generation fighter jet, and is capable of buying from either the US or China.
I mean yeah, the purpose of these companies is to put taxes back into the pockets of billionaires instead of spending them on stuff they’re meant for like infrastructure, healthcare, education, and so on. That’s why majority Americans live like dogs.
F35 is guaranteed to be better than a “6th generation” Chinese plane and they can be upgraded anyway. And it’s actually very successful now with a very cheap per plane cost.
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Strange that the analysis that this will decrease f35 demand. I guess they think it’ll switch to more ngad and less f35?
They’re saying that the military might shift focus to development of 6th gen fighters to catch up with China.
But Lockheed is a front runner for that too.
It’s in reference to international sales, I believe.
Why would they be impacted? What’s their competition?
Not sure the specifics, but I wouldn’t be surprised if there were countries interested in a next generation fighter jet, and is capable of buying from either the US or China.
I’m sure it’ll be just as successful at sucking up billions in taxes with nothing to show for it.
Have you seen their performance in Iran recently? They seem really good air to ground.
You mean when Israel aborted the bulk of their attack because they got painted by radar?
No, I mean the one that took down nearly the entirety of Irans air defenses with less than 100 weapons.
https://www.iranintl.com/en/202412054965
send me a dm cause I have a bridge to sell you 😂
What’s your source that it was totally ineffective? Iran?
Producing literally hundreds of a single type of airplane with orders for the next decade or so isn’t exactly “nothing to show for”.
And even if you discount the actual sales, getting billions in development budget from the US government is pretty good for business.
I mean yeah, the purpose of these companies is to put taxes back into the pockets of billionaires instead of spending them on stuff they’re meant for like infrastructure, healthcare, education, and so on. That’s why majority Americans live like dogs.
Opposed to the Chinese corporations which are famously basically charity organizations?
What exactly is your point? Your moving goalposts to completely different planets.
China doesn’t use private sector for its military. Try to put a bit more work into your trolling.
I disagree.
https://wikipedia.org/wiki/Chengdu_Aircraft_Industry_Group https://wikipedia.org/wiki/Shenyang_Aircraft_Corporation
It’s yogthos lol, can’t expect anything less my friend
Hey quick question genius, is Chinese military industry state owned or private? 🤡
F35 is guaranteed to be better than a “6th generation” Chinese plane and they can be upgraded anyway. And it’s actually very successful now with a very cheap per plane cost.
LMFAO
I recently upgraded my stone axe with some flint. Those guys with bronze are doomed.