International F-35 Customers, Your Airplanes Will Be Delayed
Testimony from the USAF general leading the F-35 program indicates that software issues could halt production, delaying international F-35 deliveries. Lockheed agrees.
Source: forbes.com
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TAL Hearing: F-35 Acquisition Program Update
Purpose: The subcommittee plans to receive testimony on the status of: 1) Technical Refresh-3 hardware and Block 4 software development, testing, production, and fielding; 2) Propulsion and Power/Thermal Management Systems concept development, risk reduction, and acquisition strategy; 3) Viability, availability, sustainability, and recapitalization of the existing
Source: house.gov
ITA ETF: Sometimes The Best Offense Is Defense (And Aerospace)
The iShares U.S. Aerospace & Defense ETF is +9.7% this year while the S&P 500 is -15.9%. Read why I rate ITA ETF a hold.
Source: seekingalpha.com
I'm Locking In on Lockheed Martin to See if It Merits an Analyst's Downgrade
I'm locking in on Lockheed Martin (LMT) to see if it deserves an analyst's downgrade, writes Stephen Guilfoyle, who doesn't think the downgrade is merited, but who nonetheless presents a few strategies for how to trade the giant defense contractor....LMT
Source: thestreet.com