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None of the FAANG companies derive any significant percentage of their revenue from defense. None of them are defense contractors in the real sense of the conc
by jki275 7y ago
None of the FAANG companies derive any significant percentage of their revenue from defense. None of them are defense contractors in the real sense of the concept. They're corporations who have a defense business on the side.
- sesteel 7y agoYou either are or you aren't a defense contractor. Google, Microsoft, and Amazon have been competing for a $10 billion dollar defense contract. Google just dropped out. Aside, Boeing is considered a defense contractor by many, but only 25% of its revenue is from defense. Where do you draw the line?
- jki275 7y agoYou’re don’t get to make the determination that it’s a binary thing. You may believe that, the market doesn’t. Boeing isn’t a defense contractor by most people’s metrics. None of the faangs are by almost any standard.