JD

Jeremy Doyle 5.0 5 ideas

Defense Analyst / Guest
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0 winning  /  5 losing  ·  5 positions (30d)
Net: -4.5%
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These high-end capabilities that are not made in great quantities are being used up against an adversary like Iran when they were manufactured to confront a much larger and capable adversary like China. The US is firing multi-million dollar interceptors (Patriot, THAAD, SM-6) to shoot down $20,000 drones. This asymmetric warfare is rapidly draining US stockpiles, forcing the Department of Defense to issue massive, accelerated replenishment contracts to prime defense manufacturers to prepare for potential future conflicts. LONG. Defense primes manufacturing advanced interceptors will see a sustained surge in orders to refill depleted national stockpiles. US budget constraints or political gridlock could delay the appropriation of funds needed to restock these munitions.
LMT RTX Bloomberg Markets Mar 11, 17:08
Defense Analyst / Guest
It is putting strain on stockpiles of weapons that the U.S. gathered and created to fight a higher end adversary. The munitions meant for China... are being used against Iran. The US military is burning through expensive, hard-to-replace interceptors to shoot down cheap Iranian drones and missiles. The Department of Defense will be forced to issue massive, expedited replenishment contracts to prime defense contractors to rebuild depleted stockpiles for the Pacific theater. Accelerated depletion of high-end munitions makes major defense contractors a LONG. Congressional gridlock over defense spending or a sudden de-escalation in the Middle East reducing munition burn rates.
RTX LMT GD Bloomberg Markets Mar 11, 11:35
Defense Analyst / Guest
Jeremy Doyle (Defense Analyst / Guest) | 5 trade ideas tracked | LMT, RTX, GD | YouTube | Buzzberg