This Aerospace Powerhouse Will Double Your Money (And Seriously Upgrade Your Vacations)

And wherever there's growth, there are investment dollars. The next catalyst for growth is coming courtesy of Uncle Sam.

See, in early June, the U.S. Senate was working on the new defense spending bill for the next fiscal year.

Drafters are "digging deep" not just for hypersonic vehicle development, but also for building defenses against our global rivals, particularly the Chinese and Russians.

By now, most people are familiar with the acronym for intercontinental ballistic missile (ICBM).

Now it's time to learn a new acronym for the coming age – HGV. That stands for hypersonic glide vehicle, and it's what the military is spending huge resources to develop and counter.

Yes, the big defense companies we all know and love are part of this effort. We're talking Lockheed Martin Corp. (NYSE: LMT), Raytheon Technologies Corp. (NYSE: RTX), and Northrop Grumman Corp. (NYSE: NOC).

There's another player at work here – it doesn't get as much attention as the "Big Three" of the U.S. defense sector, but it will get a big cut of the hypersonic business. What's more, there's a merger on the table that will add some "oomph" to the shares.

And this company's merger with a major player in the aerospace sector may not make the stock go hypersonic, but it will certainly add to its velocity.

It's selling at a 35% discount to the S&P 500 at the moment, and it sports an enviable track record of beating that benchmark by 160%.

Over the past five years, the S&P 500 is up only about 49%. Over that same period, its shares are up 129%.

Yes, there's incredible upside ahead in Leidos Holdings Inc. (NYSE: LDOS).

This Firm Has Been a Tech Leader for 50 Years

Leidos has been around in one form or another since the late 1960s. Back then, it was established as the go-to government contractor for advanced scientific research.

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Disclosure: None.

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