The Zacks Analyst Blog Highlights: Lockheed Martin, Northrop Grumman, Raytheon And Boeing
Zacks Investment Research | Feb 25, 2020 08:52PM ET
For Immediate Release
Chicago, IL – February 26, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Lockheed Martin Corp. (NYSE:LMT) , Northrop Grumman Corporation’s (NYSE:NOC) , Raytheon Company (NYSE:RTN) and Boeing (NYSE:BA) .
Here are highlights from Tuesday’s Analyst Blog:
U.S. India Set to Strike Defense Deal: Stocks to Watch
Crucial defense agreements have been the highlight of President Donald Trump’s two-day state visit to India this week. The United States is expected to strike military deals worth $3 billion with the South Asian country on Feb 25, which would have the country’s top defense contractors contend for inclusion.
Investors keen to consider defense stocks could watch these companies from an investment perspective as they strive for fitting into the much-awaited U.S.-India defense agreements.
Let’s delve deeper.
Defense Stocks Look Forward to Indian Deals
India, the world’s fourth biggest defense spender, is setting the stage for a string of defense contracts that could set the ball rolling for American defense firms.
In fact, in the week ended Feb 22, the South Asian country’s cabinet cleared $2.6 billion worth of purchase from Lockheed Martin Corp. to the Indian navy. The purchases include 24 multi-role MH-60R Seahawk maritime helicopters, which are equipped with Hellfire missiles as Times of India Zacks Investment Research
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