good luck, at this price level it's a true gamble, everything depends on debt management and the effect of the fiscal cliff, fiscal cliff, good or bad for this company? large defense contractors stand to lose but ARE HIRING in their defense departments, small company with defense market penetration stand to gain?
in this article about boeing and lockheed competition for contract, "Lockheed officials said the defense company plans to hire about 100 people, including "a large percentage" of people now working on the contract" for Boeing. Whole article leaves impression of defense spending being a priority. How this plays against this company's prohibitive debt is the $60 million per quarter interest payment question. Do you think our government will let our defense weaken? God I hope not.