Guess Who's Building America's New Doomsday Plane?
The end of (one) year and start of another can be an exciting time. For kids, it means Christmas, with presents under the tree. For adults, New Year's Eve parties and bottles of champagne.
The end of the calendar year also, however, coincides with the end of another fiscal quarter for the government. And for investors in defense stocks, that means the end of every year brings an avalanche of new defense contracts the Pentagon awards in the last weeks of December.
And this December brought investors in Northrop Grumman (NYSE: NOC) a very big contract win indeed.
Source Fool.com
