[quote=Bubblesitter]
With the drawdown of military, which has already started I would be very very nervous if I were a contractor in any function not directly involved in critical wartime operations. Gates announced $100M in cuts in last couple days. We saw a doubling of the defense budget in recent years. San Diego will likely be disproportionally hit.
Bubblesitter[/quote]
…Perhaps one *could* personally benefit from this financially..doing some due diligence on defense companies that depend on this big contracts, big war machine business model with no commercial arm and have not successfully diversified into commercial operations (unlike Boeing) and short the hell out of them….Short of WWIII starting, I think it’s a given that defense spending is going to get cut big time and that the defense industry is going to tank….
Northrop Grunman comes to mind, and to a lesser extent Lockheed Martin, Raytheon, General Dynamics….
