President Trump’s threats and proposed $1.5 trillion defense budget have investors eyeing Lockheed Martin, Raytheon, and Northrop Grumman. Lockheed’s valuation suggests growth expectations despite high initial P/E. Raytheon’s strong EV/EBITDA reflects confidence but less room for surprises. Northrop offers the lowest valuation and solid earnings yield among the three.

If the $1.5 trillion defense budget passes, Raytheon is seen as a premium bet, Lockheed as an execution trade, and Northrop as the value anchor. Valuations and expectations, not just headlines, will determine these defense stocks’ performances in the future.

Read more at Yahoo Finance: Which Stock Is Best Priced For $1.5 Trillion Budget?