Northrop Grumman Corp

Defense Industry Aims a Weapon of Mass Job Destruction at D.C.

News has begun to filter out about a doomsday plan among defense contractors. Unless Congress and the president pass a rational budget plan for 2013 soon, they're going to implement massive layoffs -- right before the election.

The Best Dividend Offense Is a Good Defense Stock

In 2011, the S&P 500 Index went nowhere. In fact, it lost a little. But you don't have to suffer just because stock prices stay flat -- if you buy companies that pay strong dividends, like these 4 options in the defense sector.