Surprise! One Part of the Defense Budget Is Still Booming

Worries over the sequester and looming defense belt-tightening notwithstanding, President Obama's proposed 2014 defense budget made surprisingly few cuts to defense spending. And, believe it or not, one area of defense spending  -- buried deep in the details -- is actually booming.

In this video, Fool contributor Rich Smith points out the numbers that show a surprising increase in spending on bombs and missiles -- and he'll name names for all the companies poised to profit from it.

Boeing operates as a major player in a multibillion-dollar defense market in which the opportunities and responsibilities are absolutely massive. However, emerging competitors and the company's execution problems have investors wondering whether Boeing will live up to its shareholder responsibilities. In our premium research report on the company, two of The Motley Fool's best minds on industrials have collaborated to provide investors with the key, must-know issues surrounding Boeing. They'll be updating the report as key news hits, so don't miss out -- simply click here now to claim your copy today.


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