Defense stocks, such as this, can either be the safest or one of the
worst investments you could have once the 2008 election. It would be
safe; of course, with any standard Republican candidate (save Ron
Paul), and unsafe if any Democrat were elected to office. Outlook is
not so good at the moment because of recent general election polls
that place every Democratic frontrunner above every Republican. Think
the future for these stocks will brighten up?

Information from electionstocks.com

Of course I can more or less only repeat what I've heard elsewhere
(with a touch of personal seasoning on the side), but anyways, here
goes. Some say that while democrats are not that keen on going to war,
they won't want to appear soft on security and related matters either;
so there is little donwside risk for the DoD budget to sustain hevay
losses from 2008 election onwards (even if the Democrats win, which I
should think, is very likely indeed - though I guess one can never be
sure about these matters in politics). And I think I've heard
somewhere (sounds reasonable enough) that the end of the war in Iraq
could release more funds to be used on R&D (so to speak) in the
military complex - rather than spending a whole lot of it on the
troops deployed there - which, I guess, LMT is very good at (making
exciting new military equipment, that is).

Oh, and yeah - the market is supposed to be a forward looking beast,
so it wouldn't be completely insane to expect that the high likelihood
of a Democrat running the White house in the future is already
factored into the price of LMT. Then again, markets are irrational as
well ...

Giuliani is huge on technology. He used computers to track and find
patterns in crime in NYC. He advocates Raytheon's border patrol
technology and is for the use of advanced military technologies in
Iraq.
Raytheon seems to be a better play on this, but since LMT is the
largest defense contractor, a lot of money will be thrown their way.

     Lockheed Martin is not going to be too effected either way, no
matter on who gets in the Whitehouse, Republican or Democrat.  They
(LMT) have long standing contracts with the US government, and that
ensures a strong likelyhood of continued profitability throughout the
duration of your investment, regardless of whether it is short or long
term.