The following video is part of our "Motley Fool Conversations" series, in which David Williamson, health-care editor and analyst, and Brendan Byrnes, industrials editor and analyst, discuss topics across the investing world.

In today's edition, Brendan and David discuss the possibility of up to $1 trillion in defense cuts over the next 10 years. Defense Secretary Leon Panetta has called this a "doomsday scenario," and many in Congress are against the cuts as well. But does that mean that these cuts will not be implemented, or should defense contractors be bracing for them? And which defense contractors are best positioned to weather these potential monster cuts?