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Don't Worry, Lockheed Martin Stock Will Do Just Fine

By Rich Smith - Apr 19, 2013 at 2:08PM

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A threatened defense contractor bobs, weaves, and finds ways to profit in any economy.

Investors are all in a lather over fears that government budget cuts will curtail defense spending, and crush Lockheed Martin (LMT 0.57%) stock -- among others. Fool contributor Rich Smith can't say for sure what fate will bring to other firms operating in this space, but he knows one thing: As the company experiments with finding revenue in everything from civilian airplanes to gas-filled dirigibles to green energy and water desalinization, Lockheed Martin stock will do just fine.

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Lockheed Martin Corporation
$450.56 (0.57%) $2.57

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