The Navy’s top priority is a building a new fleet of ballistic missile submarines, and that project continues to funnel money to Newport News Shipbuilding.
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Defense stocks have been a little like the federal government lately: not working. The aerospace and defense components of the S&P 500 dropped 10% in 2018 even though earnings increased nearly 13%. The sector now trades for about 16 times estimated 2019…
Seven experts select their best ideas among aerospace and naval contractors, drones, building security, biological threats and cybersecurity. While short-term worries may pressure defense stocks, several top experts believe long-term geopolitical trends continue…