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Welcome to Industry Focus, the podcast that dives into a different sector of the

stock market every day. It's Thursday, August 16th, and we're talking about defense major earnings.

I'm your host Michael Douglas.

I'm joined by Lou Whiteman.

Lou, it's your second time on the show.

I think this is my third or fourth energy show so you know that means we're you know I'd say about the same level of experience here right?

Okay. Well Lou it's good to have you here and I so what I'm thinking for today's

conversation it'll sound a little bit similar to our last two you know last week

We did at midstreamers and the week before that we did

oil majors is, you know, we'll just talk kind of a little bit specifically about each company.

That's Lockheed, Raytheon, General Dynamics, and North Grumman, and then we'll kind of sum up with some general

thoughts and I'll ask Lou to pick his favorite of the companies, which warned him about beforehand so he is he is

prepared he's nodding I want you to know so let's hop right in let's talk about

Lockheed first.

For listeners, so you know, Lockheed's ticker is L.M. like Michael T, LMT. So generally speaking, I'd say a pretty good second quarter report.

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