It's been a huge week for the incredibly complex merger of BAE Systems (NASDAQOTH: BAESY ) and EADS (NASDAQOTH: EADSY ) -- otherwise known as the European Aeronautic Defence and Space Company. It's not even close to being a done deal. One thing that's for sure, though, is that if this merger does eventually come to fruition, it would speed up consolidation of the defense and aerospace industries dramatically. In the video above, Fool.com analyst Brendan Byrnes walks you through the latest details of the story.
With some industrials sectors looking rosy, others falling flat, and yet others seemingly stuck in endless negotiations, it can be hard to know where to place your bets in this space. For decades, though, investors had a no-fail fallback: General Electric. The conglomerate covers just about every sector, and every corner of the world. Click here to read more about whether they can continue being the "no-brainer" industrials investment in our premium research report on the company.