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Defense Stocks: Northrop & Lockheed, Profitable & Growing
Description
Northrop Grumman and Lockheed Martin, despite recent stock drops, remain solid long-term investments. Northrop is focusing on high-profit B-21 Raider stealth bomber production, with a backlog of $95.6 billion. Lockheed boasts a $186 billion backlog, driven by HIMARS rockets, missile defenses, and F-35 jet fleet upgrades. Both companies offer strong dividends and growth potential.
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