debra borchardt is a reporter at thestreet.com. >> tom: nice to see you, debra. >> nice being here. >> tom: what is the outlook for defense contractors, knowing the spending debate going on in washington, and the coming down-draw on troops in afghanistan. >> we definitely know there is going to be cuts in defense spending. leon panetta is known for his willingness to cut spending, and that's why he was put in that position. and obviously, budget cuts are happening all over the place. so really what we did was took a look at the countriecompanies that would benefit from the defense spending cuts. so i like to call they have defensive defense stocks. >> tom: these are maybe two-ringed defensive stocks. companies that are efficient for a pentagon dollar. estarline technologist is the first one, that the first one analysts pointed to. and avionic controls, the stock is up near its most recent high. >> what i like about this company is they are known for retrofitting and upgrading airplanes, aircraft, and land vehicles. so when you're trying to get a little more life out of these vehicles,