Suddenly as I browse through all this nonsense I wondered what the enemy is doing. How do you invest in arms companies?
It’s simple, it’s called “defense”.
Boeing (BA) is known for its commercial jets, but its defense and space programs accounted for $6.59 billion in the second quarter.
Northrop Grumman’s (NOC) revenue was $8.9 billion in Q2 and $33.8 billion in 2019. Its market cap is $54 billion.
Lockheed Martin (LMT) is the biggest defense contractor and is now the largest U.S. aerospace company by valuation. Lockheed’s revenue was $16.22 billion in Q2 and $59.8 billion in 2019.
Raytheon and United Technologies completed their $100 billion all-stock merger in early April to become Raytheon Technologies (RTX).
General Dynamics’ (GD) revenue was $9.3 billion in Q2 and $39.3 billion in 2019. Its market cap is nearly $43 billion.
Thanks so much Investors.com!
Finance with Ethics 