stock is up 11 percent this year, outperforming Standard & Poor's 500 Index.

Lockheed Martin CEO Bob Stevens recently told the House Armed Services Committee that "sequestration kills jobs," but his company's earnings are also up 26 percent.

RBC Capital Markets analyst Robert Stallard told Bloomberg that defense contractors that "stray into the area of politics" by threatening mass layoffs could open themselves up to questions about profits and executive compensation.

"It is potentially a risk down the line that these politicians come back with things that maybe the defense industry is not prepared for," he explained.

(h/t: Media Matters)