2D·

Dividend growth through armaments

To clarify the cash flow:

- B2 Spirit, maintenance costs $122,000 per flight hour

- B-21 Raider, 100 ordered, unit price 778 million $

- Contract worth $13.3 billion for the development of new ICBM missiles.

In addition, div growth of 12% over 3 years

and payout ratio at 27%

Funfact: $NOC (+2.66%) also builds these ugly American post office cars

20.02

Northrop Grumman

Bought x1 at €416.80

€416.80

9 Comments

connorc432@connorc432

For those wondering about why the postal vans are so old. The LLVs (long life vehicles) were only supposed to last till 2009 but then the financial crisis happened and the postal service couldn't get federal funding to take contract bids for a new design so they were kept on for longer. Once things stabilized they ran new bids in 2015 for a new design which was awarded to Oshkosh with the NGDV (next generation delivery vehicle) in 2021. So not only did the LLV get its service extended by 6 years they took an additional 6 years to choose its replacement! And get this the Oshkosh NGDVs have had production delays so they are just now hitting the road 40 years later. Also, the new ones while they have AC and don't catch on fire still suck and cost 60k USD.

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