Opinion: Defense stocks make their name by providing protection for investors – MarketWatch

Opinion: Defense stocks make their name by providing protection for investors  MarketWatch

OUTSIDE THE BOX By Robert Ross Defense companies operate in a recession-proof environment and reward investors with above-average dividend yields A Lockheed Martin F-35 fighter jet Getty Images You may have read that the U.S. government is under pressure to fund Social Security benefits. There is, however, a far more stable government-backed system that can boost your retirement plans. I’m talking about the global defense industry. The U.S. military is a behemoth, employing 2.2 million active military personnel. The Department of Defense, which manages the military, is the largest employer …

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