People know about big defense stocks like Northrop Grumman and Lockheed Martin but unfortunately with global conflicts escalating in places like Ukraine and Taiwan, this industry could boom…
And take some lesser known stocks along with them.
Here are two to consider:
Leidos is a company that’s traded on the stock market. They provide a wide range of services like scientific research, engineering, and technical support to different government agencies, healthcare companies, and other businesses. They’ve been around since 1969 and are based in Reston, Virginia.
Leidos works in various areas such as defense, intelligence, civil projects, and healthcare. They’re all about tackling complex problems for their clients by using their expertise, advanced technology, and deep understanding of their clients’ missions. They offer solutions in cybersecurity, data analysis, logistics, IT infrastructure, and more.
Defense is a big part of what they do. They help defense agencies with advanced systems and technology. They also provide support to intelligence agencies by assisting with data analysis and mission support. In the civil sector, they work with government agencies in areas like transportation, energy, and environmental management.
Over the years, Leidos has grown by expanding their services and acquiring other companies. One major milestone was their merger with Lockheed Martin Corporation’s Information Systems & Global Solutions (IS&GS) business in 2013. This merger greatly expanded their capabilities and the number of customers they serve.
If you’re interested in investing, you can find Leidos listed on the New York Stock Exchange (NYSE) under the ticker symbol “LDOS.”
General Dynamics (GD) is an aerospace and defense company that operates in several segments, including Aerospace, Combat Systems, Information Technology, and Marine Systems. However, please note that I don’t have access to real-time data or stock prices. Therefore, I can provide you with general information about General Dynamics as a company.
General Dynamics is known for designing, manufacturing, and supporting a range of products and services for the defense industry. They develop military vehicles, such as tanks and armored vehicles, as well as munitions and artillery systems. The company is also involved in the production of submarines and surface ships.
In addition to its defense operations, General Dynamics offers IT services and solutions, including cybersecurity, cloud computing, and information systems. They provide these services to government agencies, as well as commercial clients.