Northrop Grumman edges out Lockheed Martin as a top defense stock pick. Though we're reiterating our Buy rating on both, read ...

Lockheed Martin (NYSE:LMT) stock dropped as much as 7% on Tuesday for the steepest intraday decline since March, following ...

Both Northrop and Lockheed remain strong contenders in the defense sector, supported by robust backlogs. While LMT boasts a stronger backlog, its higher debt levels pose moderate risks.