American Express Company (AXP), Pfizer Inc. (PFE): No End to the Dow’s Triple-Digit Win Streak

Finally, The Boeing Company (NYSE:BA) is up 2.4%, leading today’s Dow run. The company’s joint space-launch venture with Lockheed Martin Corporation (NYSE:LMT), United Launch Alliance, won a $1.1 billion contract from the Department of Defense Wednesday in a new award for the Pentagon’s ongoing Evolved Expendable Launch Vehicle program. The ULA has been a successful push by Lockheed and Boeing into the space industry, which is heating up as private contractors take up much of the launch work once done by government entities. While Boeing and Lockheed still derive most of their revenue from aircraft and military contracts, this is a promising and exciting area for investors to keep an eye on. It won’t make or break either firm’s business, but it can ease the pain of problems such as The Boeing Company (NYSE:BA)’s 787 grounding and sequestration’s defense cuts.

The article No End to the Dow’s Triple-Digit Win Streak originally appeared on Fool.com and is written by Dan Carroll.

Fool contributor Dan Carroll has no position in any stocks mentioned. The Motley Fool recommends American Express Company (NYSE:AXP). The Motley Fool owns shares of Lockheed Martin Corporation (NYSE:LMT).

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