Stock of the United States’ largest defence contractor Lockheed Martin was downgraded to Hold from Buy at Deutsche Bank by 14.5 percent, with a price target of $523
F35 is guaranteed to be better than a “6th generation” Chinese plane and they can be upgraded anyway. And it’s actually very successful now with a very cheap per plane cost.
Not sure the specifics, but I wouldn’t be surprised if there were countries interested in a next generation fighter jet, and is capable of buying from either the US or China.
Strange that the analysis that this will decrease f35 demand. I guess they think it’ll switch to more ngad and less f35?
They’re saying that the military might shift focus to development of 6th gen fighters to catch up with China.
F35 is guaranteed to be better than a “6th generation” Chinese plane and they can be upgraded anyway. And it’s actually very successful now with a very cheap per plane cost.
LMFAO
But Lockheed is a front runner for that too.
It’s in reference to international sales, I believe.
Why would they be impacted? What’s their competition?
Not sure the specifics, but I wouldn’t be surprised if there were countries interested in a next generation fighter jet, and is capable of buying from either the US or China.
I’m sure it’ll be just as successful at sucking up billions in taxes with nothing to show for it.
Have you seen their performance in Iran recently? They seem really good air to ground.
You mean when Israel aborted the bulk of their attack because they got painted by radar?
No, I mean the one that took down nearly the entirety of Irans air defenses with less than 100 weapons.
https://www.iranintl.com/en/202412054965
send me a dm cause I have a bridge to sell you 😂
What’s your source that it was totally ineffective? Iran?