The Boeing Company (BA), Lockheed Martin Corporation (LMT): Intel Corporation (INTC) Shakes Off the Market’s Jitters

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A victory would be a giant boost to The Boeing Company (NYSE:BA)’s defense backlog, which hasn’t yet taken a hit despite the effects of sequestration coming into play. While Boeing increased that backlog of military craft by 1% over the first six months of the year, winning the $7.4 billion contract would add a 19% lift to the current backlog of $39.1 billion. That’s not a change Boeing investors would like to pass up.

The article Intel Shakes Off the Market’s Jitters 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 Intel. The Motley Fool owns shares of Intel and Lockheed Martin (NYSE:LMT).

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