Lockheed Martin (LMT): Flying High on Military Orders

Don’t be swayed by exaggerated concerns that budgetary austerity on Capitol Hill will undermine U.S. defense firms. Every fiscal year, when the political Kabuki theater draws to a close, the Pentagon almost always gets its way in the last act. Regardless, torrid emerging market demand for sophisticated jet fighter aircraft made in the U.S. will more than make up for any procurement shortfalls.

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