Energy: Defense Contractors, Government Shutdowns, and the Pentagon's Shopping List
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 31 January 2019
⏱️ 42 minutes
🧾️ Download transcript
Summary
Motley Fool Contributor Lou Whiteman and IF host Nick Sciple round up all the latest news surrounding the defense industry. With the government shutdown on pause until February 15, defense contractors have had to adjust, and their most recent guidance suggests more uncertainty to come. However, the US military needs significant investment in its nuclear arsenal and missile defense is needed to bring them up to date. We discuss these issues and more on today's episode.
Stocks Mentioned:LMT, RTN, GD, NOC, BA, HRS, HII
Check out more of our content here:
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:07.0 | Today is Thursday, January 31st, and we're talking about the defense industry. |
| 0:10.0 | I'm your host Nick Saipoll, and today I'm joined by Motley Fool contributor Lou Whiteman via Skype. |
| 0:15.0 | How's going Lou? |
| 0:16.0 | I'm doing well. How are you? |
| 0:18.0 | I'm doing great. You know, we've got the Polar Vortex coming through single digit |
| 0:22.0 | wind shells here in it here in the DC area being from |
| 0:25.0 | Alabama it's been a little bit of an adjustment but we're making it through how are |
| 0:28.7 | you doing in your neck of the woods? We are 33 degrees I just looked at the |
| 0:32.0 | window we are 33 degrees in Atlanta which I guess sounds pretty warm compared to, compared to |
| 0:36.6 | up there, but I'm sick of it. I'm ready for spring. |
| 0:38.6 | Yeah, tell me about it. I'm ready for short's weather coming back through. |
| 0:43.8 | So today we're talking about the defense industry, |
| 0:46.0 | and we're going to talk about several different things. |
| 0:48.4 | We're going to talk about what's been going on |
| 0:49.5 | with the government shutdown, and we're going to talk about you know what the government has been |
| 0:55.0 | talking about when it comes to the needs of the military into the future. But |
| 1:00.2 | first Lou before we dive too deep into that I just want you to talk about how significant is the government as just a customer for these defense contractors and how important you know are what's going on in Washington DC to you know their |
| 1:17.1 | bottom line. |
| 1:18.1 | This is sort of the trade-off of this industry I mean the good news is is you have a customer who so far for 200 |
| 1:24.0 | years end has been able to pay its bills and it's pretty reliable on that however you |
| 1:27.8 | are reliant on that one customer increasingly in recent years there has been |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.