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GMCstream Flash News – October 20, 2018

US Defense Companies key to USA Economic Base © by Richard T. Kusiolek (all rights reserved)

Per Doug Cameron (WSJ WorldNews 10/19/18) The big five U.S. defense companies— Lockheed LMT 0.04% Martin Corp., Raytheon Co. RTN -0.34% , Boeing Co. BA -0.86% , Northrop Grumman Corp. NOC -0.17% and General Dynamics Corp. GD -0.50% —

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 97,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. It has contracted with Saudi Arabia for the Thaad Missile Defense System at $12.0 billion. Lockheed Martin aims to provide a portfolio of options to support U.S. Special Operations Forces in dealing with complex security challenges. In addition, the Saudi’s have placed a $11.2 billion contract for Multimission Ships

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About Boeing

“Boeing Co. BA is creating a new unit to develop and build aircraft avionics systems, expanding its strategy of insourcing key technology to cut costs. The new Boeing Avionics unit will expand the aerospace company’s existing offering of electronics systems, focusing on areas such as navigation and flight controls for future commercial and military jets.

T

he move, announced in a memo to staff Monday, takes Boeing deeper into the territory of big suppliers such as Rockwell Collins Inc. COL +2.94% and Honeywell International Inc. HON +0.48% following the recent expansion of its services business. While Boeing Avionics will focus on equipment for future products entering service over the next decade, it could also be used to produce more advanced parts for existing aircraft currently supplied by third parties. Boeing said the avionics business had been established in consultation with suppliers. Shares in Rockwell Collins extended an early decline and were recently down more than 6%. A spokesman said it didn’t expect any impact from Boeing’s move in the “foreseeable future,” and said they would continue to work collaboratively. Chicago-based Boeing already produces a range of aircraft electronics, and the new unit will have an initial staff of 120, growing to an expected 600 by 2019.The company is pursuing more vertical integration of its aircraft manufacturing business, standing up internal operations in areas such as advanced materials, propulsion systems and actuators, which move the flaps on a jet’s wings. Boeing is supplying missiles and bombs at a Saudi Arabia contract price of $6.8 billion. In addition, Boeing received a $3.5 billion-dollar contract for Chinook Helicopters.

About General Dynamics

General Dynamics Corporation (GD or “the company”) is an aerospace and defense company offering a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; shipbuilding; and communications and information technology. The company primarily operates in the US. It is headquartered in Falls Church, Virginia and employed 92,200 people. General Dynamics' (GD) revenue was $9.2 billion in Q2 and $31 billion in 2017. Its market cap is about $60 billion. The stock has a Composite Rating of 71 and EPS Rating of 73. GD company is a top shipbuilder for the Navy. It's part of a team building Littoral Combat Ships, and its Electric Boat unit makes the Virginia-class and Columbia-class submarines. GD's Bath Iron Works also builds Arleigh Burke-class destroyers and Zumwalt-class next-generation destroyers. The NASSCO builds auxiliary and support ships for the Navy, plus oil tankers and dry cargo carriers for commercial aircraft. General Dynamics is a top provider of land weapons systems too, building the Abrams tanks, the Stryker family of vehicles, and Light Armored Vehicles. The company's Gulfstream business jets lead the aerospace segment, which includes a business aviation services division. The Saudis contracted for $11.1 billion for its LAV -III armored vehicles, and Abram tanks.

About Raytheon

The increase in external net sales at MS was primarily due to higher net sales on the Paveway program principally driven by international requirements, higher net sales on the Standard Missile-3 (SM-3®) program principally driven by planned increases in production, higher net sales on the Excalibur program due to recognition of previously deferred precontract costs based on a contract award in the third quarter of 2017, higher net sales on the Standard Missile-2 (SM-2) program due to the recognition of previously deferred precontract costs based on a contract award in the second quarter of 2017 and planned increases in production, and higher net sales on an international missile defense program due to planned increases in production, partially offset by lower net sales on the Advanced Medium-Range Air-to-Air Missile (AMRAAM®) program driven by the recognition of previously deferred precontract costs based on a contract award in the first quarter of 2016 and lower net sales on the Exoatmospheric Kill Vehicle (EKV) program due to a planned decline in production. The increase in external net sales at IDS was primarily due to higher net sales on an international early warning radar program awarded in the first quarter of 2017 and on an international Patriot™ program driven by an award in the fourth quarter of 2016, partially offset by lower sales on an international air and missile defense systems. Contracting with Suadi Arabia, Raytheon partnered with Boeing on the Thaad and Missile and Bomb confirmed programs. Estimated at $4billion.

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About GMCstream

GMCStream is an American Internet media company based in Mountain View, California. The company is a social media news and information company with a directed focus on digital broadband media. GMCStream researches, analyzes, and highlights MILCOMM problems and solutions that may affect Global National Security. GMCStream was founded by Richard Kusiolek, an expert in Satellite Communications, cyber security, defense, and aerospace with private sector experience and expertise in international business development and strategy, particularly in China, Japan, and Eastern Europe. The company is growing organically into a specialized niche media and technology company providing streaming video coverage on a variety of topics including politics, space and missile systems, cyber-warfare, defense networks. STEM career webinars, and planet exploration.

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