The U.S. military is spending cash hand over fist on contracts to repair and improve its fleets and munitions. Could this be the best play on this trend?
Goldman Sachs said Lockheed Martin (LMT) stock is the 'most expensive' defense stock it covers, sparking concerns about its valuation.
When Lockheed Martin purchased Sikorsky, many analysts scoffed. But judging by the stock's performance since the deal closed, the laugh's on them.