LMT will go UP
$90.00 on 8/04/09
$76.10 (-5.28% from time of market call)
So lets look back in time. Whenever there has been a depression, the easiest way that presidents' have figured to escape the depression is to increase defense spending. World War II, Cold War, the Second Gulf War will be no different. President Obama has promised a troop surge in Afghanistan (Osama's actual staging grounds) and the troops will need weapons/vehicles. Lockheed Martin, the maker of the F-22 and the F-35B Joint Strike Fighter, is looking to profit from their exclusive defense contracts. Arguably their F-22 was hacked last week, but this has just lead to the US Air Force depend more on the F-35B, the newest technology in advanced aerial combat.