The Boeing Company (BA), Lockheed Martin Corporation (LMT), Raytheon Company (RTN) – Brace for Impact: Will the U.S. Launch Missiles at Syria?

What to watch
So far Obama hasn’t specified what he intends to do, but the Pentagon has prepared for a missile strike. The U.S. could be just posturing, or it could be a sign of a coming strike. At the very least, the escalating situation in Syria is likely to highlight the need for adequate missile defense — and offense — in the fiscal 2014 defense budget. It also highlights the need for Navy warships, which could push the House to agree with the Senate’s proposal to approve the Navy’s $100 million request for 10 DDG-51 destroyers.

That would be great news for General Dynamics Corporation (NYSE:GD), which builds the Aegis destroyer through its Bath Iron Works shipbuilding company, and Huntington Ingalls Industries, which also builds the destroyer through its Ingalls Shipbuilding company — the Navy typically buys ships from both builders. Regardless of exactly how this plays out with defense companies, this is a situation to watch.

The article Brace for Impact: Will the U.S. Launch Missiles at Syria? originally appeared on Fool.com and is written by Katie Spence.

Fool contributor Katie Spence owns shares of Northrop Grumman. The Motley Fool owns shares of General Dynamics, Lockheed Martin, Northrop Grumman, and Raytheon.

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