Key Takeaways Boeing is benefiting from rising defense priorities and a sharp rebound in commercial aircraft deliveries.BA sees long-term support from a projected $4.7T services market and a $24.63B backlog.Lockheed Martin is supported by the F-35 program, major contract wins and a $179.1B backlog.Geopolitical instability across the globe has been a major catalyst for the growth of defense giants, such as Boeing (BA) and Lockheed Martin (LMT) . Both companies earn a large portion of their revenues from the ...