Employees’ Retirement System with more than $4 billion in assets, said that his favorite defense industry fund to recommend is SPDR S&P Aerospace and Defense (XAR). BWX Technologies Inc. (NYSE: BWXT), of Lynchburg, Virginia, provides critical components and services to the U.S. Department of Defense (DoD), other government agencies and commercial customers. Crane Co. (NYSE: CR), of Stamford, Connecticut, designs and manufactures highly engineered industrial products that feature proprietary and differentiated technology. Spirit AeroSystems Holdings, Inc. (NASDAQ: SPR), of Wichita, Kansas, manufactures aero-structures for commercial airplanes, defense platforms and business and regional jets.
Source: Dividend Investor
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