Defense Stocks
Five Recession Proof Defense Stocks
Lockheed Martin (LMT)
Lockheed Martin Aeronautics (LMA) is engaged in the design, research and development, systems integration, production, support and upgrade of advanced military aircraft, rockets, missiles and related technologies. Customers include U.S. government agencies, the U.S. military, and allied governments around the world. Major aircraft programs include F-35 Lightning II (originally the Joint Strike Fighter or JSF); F-22 Raptor; F-16; C-130J tactical transport and C-5 strategic airlifter. LMA also supports F-117, P-3, S-3 and U-2. LMA produces major components for the Japanese F-2 fighter and is a co-developer of the T-50 trainer for South Korea. The Skunk Works™ develops innovative next-generation systems.
Northrop Grumman (NGO)
Northrop Grumman Corporation is a global defense and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.
Raytheon (RTN)
Raytheon is a major American defense contractor and industrial corporation with core manufacturing concentrations in defense systems and defense and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007. Raytheon is the world’s largest producer of guided missiles.
Applied Signal Technology (APSG)
Applied Signal Technology, Inc. provides advanced intelligence, surveillance, and reconnaissance (ISR) products, systems, and services to enhance global security.
Argon ST (STST)
Argon ST, Inc. designs, develops, and produces systems and sensors for the Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance, and Reconnaissance (C5ISR) markets including SIGINT (Signals Intelligence), ESM (Electronic Support Measures), EW (Electronic Warfare), IO (Information Operations), imaging, and acoustic systems serving domestic and international markets.
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