This is the beginning of a new LONG upward trend ... There is mention on the 30G$ contrats in the Barbarian at the Gate article... Imagine when people find out !
Who will be the lucky buyout candidate ?
First come first serve ... unless more than one buyer come's in...
Envoy the ride my friends...
5G$ is more likely ... LMT and other Defense contractors are probably kicking tires... JLTV is unique once in a lifetime mega contract that everyone wants to hit ...
Long until $60
Would you really sellout to LMT at the current PPS???? I would want to see a bid of at least $5 Billion before they get my shares :)
yes, with Market Cap under 3 bil, would be possible for sure. But 30 bil contract does not necessarily mean BIG net income. But Gov contracts always seem to lead to further income opportunities.
Hey glass; Wow - well done! Never thought to look at it this way but if your $3bil is correct then yes, why not. How much would they have to pay, obviously more than $3bil? Will have to check Lockheed's financial position to see te hit but with the $30bil contract -all kinds of possibilities! Changing my positon from sell to hold.
Lockheed says U.S. approved its $9 bln takeover of Sikorsky. Now that that is done...who could be the next target for Lockheed.....
For less than $3Bill, Lockheed could own this company and the $30B+ contact... Shoot they could spin off the other divisions and make a nice tidy profit.
Sentiment: Strong Buy
ive been buying over the last six months with every dip under $39.00. I believe it will definitely pay off in the long run. I saw osk and lmt vehicles side by side. LMT constantly broke down. In a 6 week test OSK was the only vehicle that never broke down or had an issue
aeishh - are you therefore buying at these distressed prices which you seem to blame on ignorance. Are you buying at these levels!
Is your money where your mouth is. Just asking.......
That is pure ignorance. Look at CAT and MTW; they are all down. Its the JLG division that drives this company right now unitl JLTV kiks in. And JLG will be soft. There is a 0.0% chance of LMT winning their appeal. The spent a decade on this project. They dotted every I and crossed every T. Plus, do you think the DOD wants OSK to go away - which would happen if they lost this? They want more suppliers not less. Finally, if LMT pushes too hard, DOD will make them pay for it in their new Sikorsky division. Wake up.
The recent action only makes sense if the LMT protest is upheld. Obviously some holders are afraid of that coming to pass.
Pardon my ignorance here, but what is JLG that is weighing on the stock? Thanks for your response. I hope you're right about "no" on the redo.
According to the latest...
Dept of Army has issued a stop work order... pretty much par for the course so far...
My thinking is the review will have to find something so egregious in the bidding process or in the vehicles themselves to get this overturned....
Personally I think LMT is just being a total #$%$ about this whole thing.. the lost the bid and not going to be gracious about it...
Actually, no its not maybe - its a definite no. It is not weighing on the stock. JLG is. Nothing to be skeptical on this deal. Start-up costs are backed into their margins. This is the gift that will keep on giving for 20-30 yrs. Have to take a long term view on this one.
Thanks all for your response. Seems as if the popular deduction is "maybe but probably not". I wonder if that's what's weighing on the stock price. $6.7bn is only the beginning as I'm seeing $30bn. I am not accumulating more as I'm skeptical of this. The start up costs are also something I missed.
Let's see what develops before I tell my 18 yr old here's a sleeper for later.