US Defense Stocks 2017: A Comprehensive Analysis

In 2017, the defense sector in the United States experienced significant growth, with investors closely watching the performance of defense stocks. This article delves into the key players in the defense sector and provides an analysis of their performance in 2017.

Boeing (BA)

Boeing, one of the largest defense contractors in the United States, had a remarkable year in 2017. The company's revenue from defense contracts increased significantly, driven by strong demand for its military aircraft and services. Boeing's F-15EX fighter jet and F-35 Lightning II programs were particularly noteworthy, as they contributed significantly to the company's defense revenue.

Lockheed Martin (LMT)

Lockheed Martin, another leading defense contractor, also had a successful year in 2017. The company's defense revenue grew by 6% year-over-year, thanks to strong sales of its F-35 Lightning II fighter jets and other defense products. Lockheed Martin's Sikorsky helicopter division also performed well, with increased orders for its Black Hawk and UH-60 helicopters.

Raytheon Technologies (RTX)

Raytheon Technologies, a major player in the defense industry, experienced a modest growth in its defense revenue in 2017. The company's defense business accounted for approximately 70% of its total revenue, with key products including导弹和防空系统. Raytheon Technologies' defense revenue grew by 2% year-over-year, driven by increased sales of its missile systems and cybersecurity solutions.

Northrop Grumman (NOG)

Northrop Grumman, a leading provider of aerospace, defense, and information systems, had a strong year in 2017. The company's defense revenue increased by 7% year-over-year, driven by strong sales of its military aircraft and cybersecurity solutions. Northrop Grumman's Global Hawk surveillance drone and B-2 Stealth bomber programs were particularly significant, contributing to the company's defense revenue growth.

General Dynamics (GD)

General Dynamics, a global defense contractor, experienced a modest growth in its defense revenue in 2017. The company's defense business accounted for approximately 70% of its total revenue, with key products including combat ships, amphibious assault ships, and armored vehicles. General Dynamics' Land Systems division performed well, with increased orders for its Stryker vehicles and Abrams tanks.

Case Study: United Technologies (UTX)

While not a traditional defense contractor, United Technologies played a significant role in the defense sector in 2017. The company's Pratt & Whitney division, which provides engines for military aircraft, experienced strong demand for its F-135 engine, which powers the F-35 Lightning II fighter jet. This contributed to a 4% increase in United Technologies' defense revenue in 2017.

Conclusion

The defense sector in the United States experienced significant growth in 2017, with key players such as Boeing, Lockheed Martin, Raytheon Technologies, Northrop Grumman, General Dynamics, and United Technologies performing well. These companies' strong performance can be attributed to increased demand for their defense products and services, particularly in the areas of military aircraft, cybersecurity, and missile systems.

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