Lockheed Martin: Japan’s Defense Budget A Game Changer? (NYSE:LMT)

Source: seekingalpha.com seekingalpha.com

Key Topics in this News Article:

News Snapshot:

Ken Ishii/Getty Images News With Japan aggressively expanding its military budget to counter threats from China, Taiwan, North Korea, and Russia, I believe Lockheed Martin (NYSE:LMT) is perfectly positioned to capitalize on over $8 billion in new defense contracts. I am bullish on Lockheed stock as these geopolitical tensions escalate, and I believe there's more upside to its stock price than current estimates imply. For these reasons, I rate Lockheed Martin as a compelling "Buy" in light of these developments, and I believe that the best is yet to come for long-term investors. Japan’s Defense Policy Shift Japan's government has...