The recent victory of the NOC led group for the extremely lucrative USAF contract to build tanker aircraft will do wonders for the company. This deal happens to be the biggest coming out of the pentagon in many years, possibly in history.
If Defense Secretary Robert Gates has his way, defense companies should get a nice bump in profits this year.
Urging Congress to give the OK to further funding for both Iraq operations and those continuing in Afghanistan “as quickly as possible,” Gates spoke before a U.S. Senate panel today along with Secretary of State Hillary Clinton.
“After Memorial Day, we will need to consider options to delay running out of funds,” he said.
The $83.4 billion request includes $75.8 billion for combat operations in the two Middle Eastern countries, and another $7.1 billion for State Department programs, including international aid.
Since Obama has declared dealing with terrorist activity in Pakistan and Afghanistan a key part of his presidency, the largely Democratic Congress who have mostly seen eye-to-eye with him so far, will likely agree to the appeal.
And as for the Republican portion, military spending is usually championed much more by the conservative side, so don’t expect much protest on their end either.
Add to that the fact that the U.S. has “huge national security interests in making sure that Pakistan is stable and that you don’t end up having a nuclear-armed militant state,” as the president put it, and you have some very good reasons for why everybody will agree on the budget and pass it as quickly as possible.
Regardless of what party wins the White House in 2008, air defense will command a top priority as adversaries such as China and fanatic minions with access to ever more compact and powerful weapons and WMDs' ramp up for power politics not too far into this century. NOC will reward our country and its shareholders with steady profits, earned from a job well done.
Regardless of what party wins the White House in 2008, air defense will command a top priority as adversaries such as China and fanatic minions with access to ever more compact and powerful weapons and WMDs' ramp up for power politics not too far into this century. NOC will reward our country and its shareholders with steady profits, earned from a job well done.
With a market cap of $27.1b, this company is a well-respected producer in command and control systems, large scale intelligence information systems, missile defense systems, advanced radar systems, civilian government and public safety information systems,conventional and nuclear powered naval ships (like the recently launched "New York" made of steel from the Word Trade Center), satellites for a wide variety of missions, system sustainment, logistics support and training, high energy laser systems, health information systems and unmanned aerial vehicles. NOC is one of the very best defense contractors and is on the leading edge of military system to protect our country our friends worldwide.
