The F-35 Lightning II production line at Lockheed Martin’s facility in Fort Worth, Texas. Lockheed Martin
CNBC: There’s no business like the arms business: Here’s how the top US defense companies did in Q2 earnings
* Here’s how America’s top five defense firms — Boeing, Lockheed Martin, General Dynamics, Northrop Grumman and Raytheon — did during second-quarter earnings.
* Next week, the Senate will vote on a $1.3 trillion budget deal that includes $738 billion for defense spending.
WASHINGTON — Nobody spends money on arms like the United States, and it shows in the bottom lines of the biggest defense contractors.
The Trump administration’s 2019 defense-friendly spending bill increased the Pentagon’s spending power to a grand total of $717 billion. Next week, the Senate will vote on a $1.3 trillion budget deal for fiscal year 2020 that includes $738 billion for defense.
This week, America’s top five defense firms — Lockheed Martin, Boeing, General Dynamics, Northrop Grumman and Raytheon — posted their second-quarter earnings. While the companies’ quarterly performances remained strong, collectively their stocks were largely unchanged. The iShares U.S. Aerospace and Defense ETF was slightly higher for this week after the companies reported. So far this year the benchmark ETF is up nearly 26%.
Here’s how America’s defense industry giants did.
Read more ....
WNU Editor: Here is an easy prediction. Business is going to get even better. Especially with the rise of China and the growing arms race in Asia.
16 comments:
Peace through strength!!
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U.S. Soldiers Falling Ill, Dying in the Heat as the Climate Warms
"20 minutes after he'd been helped off a live-fire training range at Fort Chaffee in Arkansas, where the heat index had reached 103.
Cline, an Iraq combat veteran, and two other soldiers were being evacuated to a nearby barracks to rehydrate and cool off after nine hours of drills on parched training grounds on that sweltering day in June 2016."
A 103 heat index is not particularly hot. The Temperature was under 100 degrees Fahrenheit. The temperature was probably in the range of 85 to 93. The humidity was probably 50% or higher.
The problem was the amount of clothing worn and the length of time, 9 hours.
This is a failure of senior enlisted and of officers.
Recently doofuses had to take down a plaque in Glacier National Park stating that the Glaciers would all be gone by now. Whoops!
"Glacier National Park Quietly Removes Its ‘Gone by 2020’ Sign"
https://www.reddit.com/r/climatechange/comments/bxzvm7/glacier_national_park_quietly_removes_its_gone_by/
You are just as much a Marching Moron as many gold digging, rent-seeking 'scientists.'
Seriously, dude, you drool.
New Pentagon Report: “The effects of a changing climate are a national security issue”
CLIMATE CHANGE? NO WAY
If the planet were warming the jet stream would be stronger and there would not be polar vortexes disrupting it in the winter or summer as often as it has been happening.
You have zero math ability, so in the end all you really have is your shamans and fetishes.
The UN is wrong
The Pentagon is wrong
97% scientists specializing in climate is wrong
hot weather like never had before
melting ice sheets
water levels rising
STORMS STRONGER
TICKS SPREADING
SOME SPECIES GONE EXTINCT
BUT YOU KNOW BETTER AND SO CALL NAMES
HERE IS THE EVIDENCE
BUT BOOKKEEPER PREFERS DENIAL AND NAME CALLING...AND BELIEVES HE IS KNOWING WHEN NOT DOING HIS NUMBERS ON CHINESE-MADE CALCULATOR
Deadlines have been a feature of climate politics since 1989, when the UN predicted disaster if global warming is not checked by the year 2000.
Deadlines make great theatre.
But as Mike Hulme points out, deadlines can come back to haunt you, when the alleged terrifying consequences of ignoring the deadline fail to manifest.
2019-1989 = 40 years
I do not remember 10 days in a row above 100 degrees like happened around 1995.
Summers are no more difficult now than 20 or 30 years ago.
Global Warming Is Messing with the Jet Stream. That Means More Extreme Weather.
NOPE. NOT JUST ANOTHER SUMMER BUT A RECORD
WHAT? I KNOW NOTHING OF NUMBERS?
Looking lawns in the summer,
Looking at the crops in the field (and no irrigation, but good crop yields),
Remembering how many high heat stress days we have each summer,
There isn't a problem except with rent-seeking scientists, grifter politicians and dumb ass epsilons
Denial? Check out the 20 medical organizations who warn
check out the pentagon
check out climate scientists
no. you know better beause like Trump Fox told you what to believe and to be nice to Koch Bros and their money making lobbies
JOIN THE OTHERS IN THE TRUMP CIRCLE JERK
Global warming is going to be between .5 C and 1.5 C not 1.5 C to 6 C like idiots claim.
The models overpredict by a factor of 2. They do not match up to empirical readings for 40 years now. In statistics when we have an estimator that is off, we add a correction factor. Seem as though warmunista scientists are unwilling to do so.
i read your blog just for time pass. but this is not an interesting blog
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