RTN - Defense Giants' Merger Gets Green Light
In this episode of Market Foolery, Mac Greer and Motley Fool analyst Tim Beyers bring you the latest headlines from the markets. A promising vaccine for COVID-19 is set to enter human trials late this year. They take a look at the details of the merger between two well-known defense companies. They also bring you a great defensive stock for these uncertain times and much more.
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Editor's note: Mac notes in another podcast that he made an error in this one. "...I want to say mistakes were made, but I don't think you're allowed to say that if it was your mistake. I said that United Technologies owns Sikorsky Helicopters, that is incorrect, that is wrong, that is not right. Now, Lockheed Martin bought Sikorsky from United Technologies back in 2015. So, Lockheed Martin owns Sikorsky. So, apologies for that. Lockheed, I am sorry. Lockheed owns Sikorsky. Sorry, United Technologies, but a deal is a deal."