3Wk·

I sold all my shares

$LMT (-2.18%) I just sold my position regarding. $LMT (-2.18%) , lost the contract for F35 lightning and half of Europe including France and Germany want to stop ordering F35 and other US armaments

I lost about 23% on my position....

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2 Comments

The problem is that at present there are few alternatives, in the future there will be Leonardo's planes in collaboration with Britain and Japan.
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@Cryptopaolo I agree but that seems like a problem for Boeing, them having secured the US follow up contract in that Branche. Lockheed Martin will sell their f35 and maintenance to the Americans til 2060(?) - Not sure when they are planning to replace those. Till then they are not as dependent on foreign exports as people make them out to be and I feel confident they’ll develop something worth buying for the pentagon or a broader market eventually.
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