U.S. Defense Majors Are Losing The Export War

Summary

• Things might look 'rosy' right now, but I‘ll always do my best to find anything that has the potential to break this pretty picture, even if it ultimately won’t materialize.
• And guess what, I found something: Not something that can affect domestic sales, but rather put a ceiling on growth for years to come.
• The Polish and South Korean mega-deal, worth $23 billion, is just one example of US defense majors failing to tap opportunities abroad.
• Because past choices and share buybacks won’t make defense majors more competitive abroad. It’s a vast market and losing out is bad for (long-term) business.

On average, the defense industry of the United States is doing rather well, as per order backlogs. And in this article, we'll mostly be focusing on defense segments and sub-segments of relevant Aerospace & Defense corporations

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.