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Defense Stocks
Defense stocks are companies that produce the tools and technology used in military and defense operations. This often centers around aerospace engineering, arms and weapon production, and in some cases, the type of information security provided by specialized IT firms. The industry’s leading companies often receive valuable contracts from U.S. government agencies, but some companies provide technology for police departments as well. Some of the best-known defense stocks are Lockheed Martin and Raytheon Technologies.
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3 Defense Stocks to Buy for Safe Dividends Now
Those looking for defensive stocks with reliable dividends should consider these leading contractors that have grown their payouts over time.
Lockheed Martin (LMT) Stock Just Hit a New All-Time High
Investors in most defense contractors are seeing nice gains today on the heels of an impressive earnings report that saw LMT stock surge.