LMT: You Always Need A Plane

Some would think that with the Obama administration's plan to reach a foreseeable end to the Iraq War would hamper defense stocks, and for the most part they'd probably be right. In the case of Lockheed Martin, and other avionics companies, I doubt that'll be the case. While military actions will slow down and eventually end, civilian applications of their technologies will still be needed. LM will have to step their game up to come up with their answer to Boeing's beleagured Dreamliners, as well as continue to produce quality equipment and services. The only reason LM stock isn't what it used to be is because of the market's environment, not because of its own merits. When things start to brighten, expect to see this bird flying high in the sky again.