These 3 war stocks rocket after Iran is attacked
Several war stocks surged today following news of the Israeli strike on Tehran, Iran.
Lockheed Martin shares sank as much as 7% after a report that the Pentagon is halving F-35 requests for the Air Force
Lockheed Martin shares initially fell 7% after a report that the US is reducing its F-35 requests. The Defense Department has reportedly dropped its ask from 48 fighters for the Air Force to 24, The request isn't final, but it could signify changing priorities within the Pentagon under Trump.
Here's Why Lockheed Martin (LMT) Fell More Than Broader Market
In the closing of the recent trading day, Lockheed Martin (LMT) stood at $456.60, denoting a -4.26% move from the preceding trading day.
Defense Stocks in Focus as Lockheed Martin Stock Drops
Aerospace manufacturer Lockheed Martin Corp (NYSE:LMT) stock is gapping lower today, after a U.S. Defense Department procurement request sent to Congress asked for 24 of the company's F-35 jets for the U.S. Air Force, compared last year's forecast of 48.
Lockheed Martin shares drop as US Air Force halves F-35 jet order
Lockheed Martin Corp (NYSE:LMT) shares fell after the Pentagon slashed its order for F-35 fighter jets, according to a Bloomberg News report. The US Air Force reduced its request for new F-35s to 24 jets in the upcoming fiscal year, down from 48 jets last year.
Why Lockheed Martin (LMT) stock is crashing
Lockheed Martin (NYSE: LMT) shares dropped on Wednesday as investors reacted to news that raises questions about the firm's future momentum of its flagship F-35 fighter jet program.
LMT's Rotary and Mission Systems Sales to Rise on Key Defense Deals
Lockheed Martin's RMS unit sees rising sales as key defense deals and global demand for radar and missile systems drive momentum.
LMT Secures a Contract to Support the Sentinel A4 Radar Systems
Lockheed Martin lands a $25M Army contract to support Sentinel A4 radar systems, enhancing aerial and electronic threat detection.
Northrop Grumman Vs. Lockheed Martin: Which Defense Prime Is The Better Buy?
The world is getting more chaotic, and it makes sense to add some high-quality defense contractors to your portfolio as a hedge. Lockheed Martin and Northrop Grumman are two top defense contractors. Which is the 'better buy'? While LMT is larger and produces higher profile jet fighters and weapons systems, we prefer NOC's position in the military stack.
Lockheed Martin to pay dividends on June 27; Here's how much 100 LMT shares will earn
Lockheed Martin (NYSE: LMT) has been going through a rough patch, its stock is down 6.82% in the past six months and currently trading at around $480.
Lockheed Martin (LMT) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Lockheed Martin (LMT) reachead $480.17 at the closing of the latest trading day, reflecting a +0.28% change compared to its last close.
Lockheed Martin Corporation (LMT) is Attracting Investor Attention: Here is What You Should Know
Lockheed (LMT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
