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Why Sikorsky is not worth a lot of money money Sales were up 14% year of year... which is meh compared to tech companies. In 2015 they made $51 Million for the
by smartbettor 7y ago
Why Sikorsky is not worth a lot of money money Sales were up 14% year of year... which is meh compared to tech companies. In 2015 they made $51 Million for the entire year. so their margins are tiny. crappy business to be in - but consistent.
https://www.bizjournals.com/washington/blog/fedbiz_daily/2016/01/lockheed-martin-gives-glimpse-of-sikorsky-s.html https://www.bizjournals.com/washington/blog/fedbiz_daily/201...
- papito 7y agoSure, but a lot of these companies are not even profitable. The HOPE of massive profits seems to be worth more than the proof that a business can be in the black. And Sikorsky, honestly, could probably have higher margins, but they are in the business where billions disappear on boondoggles.