Defense Stocks Northrop Grumman and RTX Are Tanking. Is Lockheed Martin a Better Buy for Passive Income?

Northrop Grumman and RTX  fell 12.2% and 8.8%, respectively, on April 22 compared to a 1.9% gain for Lockheed Martin (NYSE: LMT).All three defense contractors reported earnings on the same day, with Northrop missing badly on sales and earnings, and lowering its full-year outlook, and RTX guiding for a $850 million full-year tariff impact on operating profit. Meanwhile, Lockheed reaffirmed its full-year outlook -- a noticeable reprieve after it fell 9.2% in a single session following its January report.Here's why Lockheed stands out as one of the best defense stocks to buy for passive income.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool