3. General Dynamics ( GD) is a prime contractor of defense-related products and services, addressing segments like aerospace, marine and combat systems, serving both domestic and international customers.

The company reported 2010 fourth quarter earnings of $729 million, surpassing $618 million recorded in the same quarter last year. Full-year 2010 earnings stood at $2.6 billion, compared to $2.4 billion for 2009 fiscal. Fourth quarter and full-year 2010 revenue reported was $8.6 billion and $32.5 billion, up 9% and 1.5%, respectively.

Operating margins advanced 12.5% for the fourth quarter from 12% in the prior year quarter, largely attributable to 250 bps improvement in the aerospace segment.

Total backlog was $59.6 billion and management indicates 2011 earnings per share of $7-$7.1 per share, compared to $6.88 per share in 2010. The stock is trading at 10.9 times its estimated 2011 earnings.

If you liked this article you might like

Tax Reform Is Coming and That Means Trump Stock Rally Is Ready to Kill It Again

'Trump Stock' Rally Is Back on Track

FireEye Says Iranian Hackers Target Aerospace and Energy Firms

FedEx Makes A Comeback: Cramer's Top Takeaways

Watch Out For the Dominoes That Fall: Cramer's 'Mad Money' Recap (Wed 9/20/17)