Up 26% in October as Boeing stumbles: What’s powering this defense contractor?

Investing.com and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investing.com — Defense and aerospace headlines are frequently dominated by political posturing and Washington budget debates, but October's market action proved that cash flow fundamentals still drive the tape. While Boeing (NYSE:BA) sank 8.3% under the weight of manufacturing crises and balance sheet strain, Lockheed Martin (NYSE:LMT) gained 26.0% in a decisive flight to quality. The contrast highlights where institutional capital is actually seeking shelter.