WASHINGTON (Reuters) - Lockheed Martin Corp has been awarded a contract worth nearly $969 million to build 17 C-130J military transport aircraft, the Pentagon said on Tuesday.
The work is expected to be completed by April 2020, the Department of Defense said in its daily digest of major contract awards.
more @
http://news.yahoo.com/lockheed-wins-969-million-contract-17-c-130j-010920702--finance.html
That's $969 million that we don't have. :blink:
Quote from: BPman on November 11, 2015, 07:47:15 PM
That's $969 million that we don't have. :blink:
Buy Lockheed stock if you can. I always recommend it.
They were awarded a $262.8 million contract to provide infrared sniper-targeting systems to Saudi Arabia a few hours ago.
http://finance.yahoo.com/news/lockheed-wins-contract-saudi-arabias-213009586.html;_ylt=A0LEVyvFE0RWWvQAWCBXNyoA;_ylu=X3oDMTEycmwybXJpBGNvbG8DYmYxBHBvcwMyBHZ0aWQDQjEzMjVfMQRzZWMDc2M-
The stock-price will
open at about 215-bucks per share tomorrow, probably spending most of the day near 220-bucks, before closing at around 216. Spend a 1000-bucks, you'll earn 5-ish per day for awhile.
That's how you gotta look at it.
You, the investor are capitalizing on their contracts, IE: getting your tax-money back...
plus the 1000, when you sell those five shares at a future-price that you decide on.
Quote from: BPman on November 11, 2015, 07:47:15 PM
That's $969 million that we don't have. :blink:
And yet, it was the only thing our govt was charged with, the security of the nation.
Pick your battles wisely.
See... ? The stock's closing-price today is $220.67. You got your grand back, plus 5-bucks in the 5-days since my above post. That 5-bucks is probably the percentage of your tax-money you gave them over 2-years.