Defense Stocks NOC LMT RTX: Trim or Add After Iran Ceasefire

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Defense stocks like Northrop Grumman (NOC), Lockheed Martin (LMT), and RTX are reacting to US-Iran ceasefire headlines. The article advises investors on whether to trim or add these stocks based on whether a truce holds, distinguishing between their sensitivities to peace news and long-term backlogs. It suggests trimming RTX first if peace holds due to its exposure to munition restock cycles, adding RTX on rejection of peace, and considering NOC as a long-duration anchor due to programs like Sentinel and B-21.

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