Lockheed-Martin (NYSE:LMT) is about to announce earnings. Ponder this Bear Case Scenario as management explains the numbers. Government spending has to drop and LMT will take it on the chin. Instead of F-35 purchases governments may decide to buy extensions of existing fighter aircraft and cheaper financially compelling prices. The F-35 may be the last manned fighter. Is LMT ready for drone warfare. Cheap disposable swarms of mosquitos.
George Gutowski writes from a Caveat Emptor Perspective.