To The Moon

My pick for top gainer for group H will be $Boeing(BA)$  $Lockheed Martin(LMT)$  

The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the third-largest defense contractor in the world based on 2020 revenue, and is the largest exporter in the United States by dollar value.

Another new is The Boeing 747 has retired. The jets still fly, but new ones won't be built.  The end of the 747 program isn't a surprise as CEO Dave Calhoun said in July 2020 that the last one would be built in 2022. It is however and opportunity for aerospace investors, and plane enthusiasts, to reflect on the past. Over the entire production run, which spanned 55 years, 1,574 planes were built for more than 100 customers.

The commercial-airline industry has moved away from huge, quad-engine jets, and embraced fuel-efficient twin-engine models whose smaller capacity also enables more direct routes. Not every airport or market can support a 747-sized plane, and passengers prefer more choices for direct flights.

Boeing stock dropped 3.6% Tuesday. The 747 isn't the reason, though, as the broader market was awash in red. The S&P 500 and Dow Jones Industrial Average dropped 1.4% and 1%, respectively.

In addition to the market, investors found out late Monday that Boeing and $Lockheed Martin(LMT)$   also lost their joint bid to supply the army with its next-generation attack helicopter. $Textron(TXT)$  won with its V-280 Valor aircraft.

$Lockheed Martin(LMT)$  

The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C. area.

Shares of Lockheed Martin Corp. (LMT) slipped 0.37% to $483.58 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.73% to 3,934.38 and Dow Jones Industrial Average falling 0.90% to 33,476.46. Lockheed Martin Corp. closed $15.37 short of its 52-week high ($498.95), which the company achieved on December 2nd.

But no worries, Lockheed Martin was awarded a $2.22B cost reimbursable modification to a previously awarded contract. This modification exercises an option to provide logistics support, to include ground maintenance activities, action request solution, depot activities, automatic logistics information system operations and maintenance, reliability and maintainability, supply chain management, pilot training, maintainer training, and training system sustainment in support of delivered F-35 Lightning II Joint Strike Fighter air systems.

Lockheed was also awarded a $328.53M cost-plus-incentive-fee and cost-plus-fixed-fee contract for the U.S. and United Kingdom to provide Strategic Weapon System Trident Fleet support, Trident II Shipboard Integration Increment 8, and navigation subsystem development efforts.

Both company products are heavily used in military and airline services. Both stocks had stable and potential growth. ✈️

@TigerStars  @CaptainTiger