2 Leading Defense Stocks to Buy in 2021 and Beyond
The world is not a safe place, and the sovereignty of a country is not a given. It must be defended, sometimes with force. One way to ensure that is building and supporting a strong defensive capability. Military spending, whether viewed in a positive light or a negative one, is considered by most people to be a necessity for any country that wants to remain, well, a country.
That's what makes industry giants Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX) worthwhile options for long-term investors interested in the defense space, even as they both reported weak third-quarter 2021 sales numbers. Here's why these two defense stocks are worth buying and holding in 2021 and beyond.
Source Fool.com