Polaris Will Build a Dune Buggy for U.S. Special Forces
If you've been investing in the stock market for any length of time, you probably know the names of the bigger defense stocks by heart -- the Boeings, Lockheeds, and General Dynamics-es of the world. You probably even know a few of the second-tier defense contractors, smaller defense-focused stocks like Kratos Defense, as well as mid-size industrials with significant defense businesses like Oshkosh or Textron.
But did you know that within this second tier, Polaris Industries (NYSE: PII) is a defense contractor, too?
It's true! Although better known for its snowmobiles and civilian ATVs, Polaris has actually been building vehicles for the Pentagon since the Reagan Administration. And Polaris's defense business just won a new contract that will secure it a place at the Pentagon for the better part of the next decade.
Source Fool.com