Why Lockheed Martin and General Dynamics Just Declared War on Rocket Engines

One of these two defense stocks is about to get a giant boost to sales in its most profitable division.What do Iranian drones have in common with Russian hypersonic missiles and China's DF-21D "aircraft carrier killer" rocket? All three pose a clear and present danger to U.S. forces and their allies, and all three require air defense missiles to protect against this threat.That's a problem for the U.S. and allied militaries, though, and for defense companies like Lockheed Martin (LMT -0.36%) and RTX Corpora ...