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LMT - Lockheed Martin


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LMT - Lockheed Martin

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Summary
  • LMT is adding numerous fees to its direct reinvestment plan.
  • LMT is a great company but it is overvalued.
  • I am bailing from the DRiP and will have to decide if I want to keep LMT at all.

Lockheed Martin Changes Rules, So This Dividend Growth Investor Drops DRiP - Lockheed Martin (NYSE:LMT) | Seeking Alpha

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F-35 And F-22 Flying Joint Training Missions - Business Insider

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More F35 problems: The USAF Has To Re-Paint Its Trucks Because The F-35 Can?t Fly On Warm Fuel

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The measure also includes $224 million for two additional Lockheed Martin Corp F-35 fighter jets for the U.S. Air Force and $255 million for two additional F-35s for the U.S. Navy, the summary said. The measure funds a total of 38 F-35 fighters, nine more than in fiscal 2014.

* Full funding for three Littoral Combat Ships to be built by Lockheed and Australia's Austal, plus $80 million to start buying parts for a fourth ship to be bought next year.

https://finance.yahoo.com/news/u-spending-bill-adds-1-46-billion-military-024649247--business.html

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Northrop Grumman wins Long Range Strike Bomber contract - The Washington Post

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You'll Never Guess the Source of Lockheed Martin's $5 Billion Air Force Bonanza (Hint: It's Not the F-35) -- The Motley Fool

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More Bad News for Lockheed Martin: The U.S. Air Force Just Isn't Into the F-35 -- The Motley Fool

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Did SpaceX Just Put Boeing and Lockheed Martin Out of the Space Launch Business? -- The Motley Fool

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America's 'everything' fighter jet is a total disaster

Personally I believe that the F35 program should be cut in half and that the extra cash should be used to by 4.5 Generation fighters like the F-16V, F-18 Advanced Super Hornet, and F-15 Silent Eagle.

New F-16V ?Viper? Makes First Flight |

Boeing's Stealthy F-15 "Silent Eagle" May Fly After All

https://www.flightglobal.com/news/articles/navy-pleased-with-advanced-super-hornet-tests-wan-397927/

Plus the tech of the F35 is already known and dated.

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tturner86 View Post
America's 'everything' fighter jet is a total disaster

Personally I believe that the F35 program should be cut in half and that the extra cash should be used to by 4.5 Generation fighters like the F-16V, F-18 Advanced Super Hornet, and F-15 Silent Eagle.

New F-16V ?Viper? Makes First Flight |

Boeing's Stealthy F-15 "Silent Eagle" May Fly After All

https://www.flightglobal.com/news/articles/navy-pleased-with-advanced-super-hornet-tests-wan-397927/

Plus the tech of the F35 is already known and dated.

hi tturner86. Are you a pilot? Or a former one?

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xplorer View Post
hi tturner86. Are you a pilot? Or a former one?

Yes, a civilian pilot... Working on completing my private pilots license and then looking to get helicopter and multiengine next.

I come from a family of pilots and military. But I did not serve.

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Yes, a civilian pilot... Working on completing my private pilots license and then looking to get helicopter and multiengine next.

I come from a family of pilots and military. But I did not serve.

Ok... I asked because I saw the various badges in your signature.... brought me back to the Top-Gun days...

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Ok... I asked because I saw the various badges in your signature.... brought me back to the Top-Gun days...

A few of us here have created a virtual fighter wing to play Falcon BMS, DCS, and ARMA3 together.


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The same line of reasoning keeps the B-52 in service today.

After this most recent pause in defense spending, growth in the defense industry should get back on track in a year or so.





tturner86 View Post
America's 'everything' fighter jet is a total disaster

Personally I believe that the F35 program should be cut in half and that the extra cash should be used to by 4.5 Generation fighters like the F-16V, F-18 Advanced Super Hornet, and F-15 Silent Eagle.

New F-16V ?Viper? Makes First Flight |

Boeing's Stealthy F-15 "Silent Eagle" May Fly After All

https://www.flightglobal.com/news/articles/navy-pleased-with-advanced-super-hornet-tests-wan-397927/

Plus the tech of the F35 is already known and dated.


Be Patient and Trade Smart
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Norway F-35 Block Buy, Air Force, Joint Strike Fighter

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Did Trump Really Negotiate a $600 Million Cut to F-35 Costs?

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Pentagon Has Been Contacted For 'Top Gun 2'; Will Lockheed Or Boeing Star? | Stock News & Stock Market Analysis - IBD

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