2 ms·
> I don't think anyone has ever managed a huge valuation on being a government contractor. Lockheed Martin is worth around $52B on the NYSE.
by robotresearcher 12y ago
> I don't think anyone has ever managed a huge valuation on being a government contractor.
Lockheed Martin is worth around $52B on the NYSE.
- rsynnott 12y agoSorry, should have been clearer; I don't think anyone has ever managed a huge speculative valuation. Lockheed Martin has a normal big-company P/E (~16, about the same as Apple or Microsoft, or half of Google's); their price is justified by earnings. Now, if they had a Facebook-like (88) or Amazon-like (880) P/E, that'd be different.