Lockheed Martin Stock Rises 13.7% in a Month: Here's How to Play
LMT's shares jumped 13.7% in a month as a PAC-3 MSE deal, record 191 F-35 deliveries, an increase in the US defense budget and new space awards lift revenue visibility.
Lockheed (LMT) Surges 4.3%: Is This an Indication of Further Gains?
Lockheed (LMT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
LMT stock: Lockheed Martin benefits from Trump's eye-popping budget, ‘dream military' comments
It's a dream come true for investors with heavy defense stock holdings. On Thursday, defense stocks surged after President Trump called for a massive $1.5 trillion defense budget next year.
Lockheed Martin Leads Defense Stock Rally as Trump Calls For Military Spending Surge
Shares of several defense contractors took flight on Thursday after President Donald Trump said that the federal budget for the military should increase significantly.
Defense stocks rise on Trump's proposed military spending boost
President Donald Trump's plans to request an increase in the US military budget are giving a fresh boost to defense stocks. Trump has proposed raising the US defense budget to around $1.5 trillion by 2027, up from the current level of approximately $901 billion.
As Trump Tightens His Grip, Which Defense Stock Could Rally?
Northrop Grumman shares fell 5.5% yesterday following a post on Truth Social by Donald Trump. The drop comes after the President proposed restricting dividends and executive compensation for defense contractors that fail to build new high-tech facilities or accelerate production and maintenance timelines.
Defense Stocks Surge After Trump Calls For $1.5 Trillion Defense Budget
This is a developing story.
Lockheed says it plans to dramatically turn up Patriot missile production
Lockheed Martin said it plans to boost annual production of Patriot missile interceptors from 600 to 2,000. The defense contractor announced on Tuesday that it had reached an agreement with the Pentagon.
Lockheed Martin to more than triple Patriot missile production capacity
Lockheed Martin said on Tuesday that it has reached a seven-year agreement with the U.S. Department of War to increase the annual production capacity for its PAC-3 missile interceptors to 2,000 units a year from about 600 previously.
Lockheed Martin Corporation (LMT) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Lockheed (LMT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Defense Stocks Higher After U.S. Military Action in Venezuela
Shares of defense giants Lockheed Martin Corp (NYSE:LMT) and Huntington Ingalls Industries Inc (NYSE:HII) are higher this afternoon, following this weekend's U.S. attack on Venezuela and capture of leader Nicolás Maduro.
Lockheed Martin (LMT) Outperforms Broader Market: What You Need to Know
Lockheed Martin (LMT) reached $497.07 at the closing of the latest trading day, reflecting a +2.77% change compared to its last close.
