Budget Scorecard: Lockheed Up, General Dynamics Down

Analysts: F-35 endorsement is good news for Lockheed Martin.

By SHARE

The Obama administration’s new Pentagon spending plan is good news for defense-aerospace giant Lockheed Martin, but bad news for combat truck and war ship builders, defense and Wall Street analysts say. The $525 billion Defense Department budget plan features some weapon program terminations and changes. Analysts say Lockheed fared the best, while submarine and ship manufacturers like General Dynamics took a hit. Read more here.