Big week ahead for aerospace and defense earnings

|By:, SA News Editor

Defense stocks emerged from last earnings season unscathed, despite worries that sequestration would begin to erode bottom lines. When all was said and done, Boeing (BA -0.8%), Lockheed Martin (LMT -2.6%), General Dynamics (GD -0.5%), Raytheon (RTN -2.5%), and Northrop Grumman (NOC -1.4%) all beat Street expectations for Q2.

This week, the market will get a fresh look at the sector, as Q3 reports begin to roll in — LMT kicks off the action tomorrow.

Coming up on Wednesday: Reports from BA, GD, and NOC.

RTN reports Thursday.