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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDOD Strategy May Benefit Northrop, Huntington
http://www.bloomberg.com/news/2012-01-06/dod-strategy-may-benefit-northrop-huntington.htmlBuilders of naval vessels led by Huntington Ingalls Industries Inc. (HII) and makers of surveillance aircraft such as Northrop Grumman Corp. (NOC) may benefit once President Barack Obamas new military strategy is translated into dollars.
The strategy presented by Obama and military leaders at the Pentagon yesterday emphasizes the Asia-Pacific and the Middle East, Defense Secretary Leon Panetta said at a news conference. Specifics wont come until Obama presents his budget proposal next month, the first step in an effort to cut Pentagon spending by almost $490 billion through 2021.
The approach is likely to place a premium on naval power and drones, radar, tactical missiles and aircraft in order to thwart any effort by nations such as China or Iran to deny U.S. access to strategic regions including the South China Sea or the Persian Gulf, according to Jim McAleese of McAleese & Associates, a government-contracts consultant in Sterling, Virginia.
Navy shipbuilding is the biggest winner because that addresses the fundamental area-denial threat, and Air Force aircraft is the second-biggest winner, McAleese said in an interview yesterday.
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DOD Strategy May Benefit Northrop, Huntington (Original Post)
xchrom
Jan 2012
OP
Or we could put that money into building our Wind, Solar and Geo-thermal energy.
Vincardog
Jan 2012
#1
Vincardog
(20,234 posts)1. Or we could put that money into building our Wind, Solar and Geo-thermal energy.
RKP5637
(67,108 posts)2. Yep, if we quite invading other countries for potential resources we might
have less people in other countries pissed at the US all of the time ... hence less money poured into the MIC. And more money for other things ...
xchrom
(108,903 posts)3. GASP -- why do you HATE america!?!?!?
Joe Shlabotnik
(5,604 posts)5. Creating jobs by exporting death is very patriotic it seems. n/t
sad sally
(2,627 posts)6. Gulp - we've known for a long time weapons were the biggest manufacturer
left in the usofa - US = number one exporter of death.
Battlefield Earth - you are not safe; we will find you, we will kill you.
woo me with science
(32,139 posts)4. Yup.
Imagine if we just made a decision and set a goal, like we did with going to the moon. Imagine being able to tell all of them they can keep their damned oil.
Of course, the one percent--owners of the oil companies, the military industrial complex, and our government--won't allow that.
Occupy.