L Boyd

'Wars and Rumors of Wars' - Time to Look at Defense Stocks

A bright spot for many of defense stocks is the amount of repair that is going to be necessary on the equipment once it is returned home en masse. Maintenance and repair performed while in theater is obviously at a minimum as this is just not a priority while in combat. Tanks, planes, trucks, etc. will be returned in tatters and there will be considerable expense at bringing this equipment back to "playing shape". This is not cheap by any means.