Defense Stock Face-Off: Northrop Grumman vs. Lockheed Martin -- Which Is the Better Buy Right Now?

Northrop Grumman (NYSE: NOC) and Lockheed Martin (NYSE: LMT) are huge contractors that sit at the center of the aerospace and defense industries. Their shares have fallen by more than 20% during the past three months, despite the war in Iran and rising tensions in the Middle East.Investors have pivoted away from pure-play aerospace and defense companies toward those with diverse revenue streams that include industrial and information technology exposure, such as Palantir (NASDAQ: PLTR) and General Dynamics (NYSE: GD). The chief reason for the drop for Northrop and Lockheed, though, is that the two are heavily tied to huge, fixed-price development programs. Both companies, though, are profitable, pay solid dividends, and remain good long-term investments. Which of these two is the better defense stock? Let's see.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool