Better Defense Stock: Lockheed Martin vs. RTX
As global unrest escalates and active military operations unfold in Iran, defense has come into focus. Legislators are ramping up defense spending, fueling a significant rearmament drive that's reshaping the national security landscape.
The defense budget is skyrocketing, with $1 trillion allocated for 2026 alone and projections exceeding $1.5 trillion for 2027. In this environment, defense stocks are catching investors' eyes. Defense stocks offer stability through reliable business models and consistent government contracts. Companies like Lockheed Martin (NYSE: LMT) and (NYSE: RTX) are positioned to benefit in this environment. Here's which one stands out as a better buy today.
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Source Fool.com
