The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes and technology editor/analyst Andrew Tonner discuss topics across the investing world.

In today's edition, Brendan and Andrew discuss Lockheed Martin, the world's largest defense contractor. This stock is cheap -- trading at just 10 times earnings despite a whopping 4.7% dividend yield. The market is clearly concerned about defense cuts affecting Lockheed. Is this a good time to get in for cheap?

Andrew Tonner has no positions in the stocks mentioned above. Brendan Byrnes has no positions in the stocks mentioned above. The Motley Fool owns shares of General Dynamics, Lockheed Martin, Northrop Grumman, and Raytheon. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.