Lockheed Martin (LMT) closed at $507.76 in the latest trading session, marking a -1.22% move from the prior day.
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.
LMT lands a $647 million deal to produce and support Trident II D5 missiles, extending its missile leadership.
In the most recent trading session, Lockheed Martin (LMT) closed at $504.49, indicating a +1.03% shift from the previous trading day.
In the latest trading session, Lockheed Martin (LMT) closed at $499.21, marking a +1.47% move from the previous day.
A combination of ongoing geopolitical conflict, NATO enlargement, and a recent commitment by NATO members to ramp up defense spending to 5% of gross domestic product (GDP) by 2035 would appear to make a leading defense stock like Lockheed Martin (LMT -0.09%) a highly attractive stock, so let's take a closer look at it.
LMT stock jumps 7% on strong contracts and backlog, but near-term earnings and high debt raise caution for investors.
The latest trading day saw Lockheed Martin (LMT) settling at $459.11, representing a -1.03% change from its previous close.
The stock has underperformed the broader market, creating a disconnect between the defense sector giant's strategic importance and its recent market performance. The most recent catalyst for this downward pressure was the company's second-quarter 2025 earnings report, released in late July, which revealed $1.6 billion in pre-tax losses associated with a handful of complex programs.
Commerce Secretary Howard Lutnick said the U.S. government was having “monstrous discussions” about taking stakes in defense companies, similar to the deal the Trump administration negotiated with Intel for a 10% stake in the semiconductor chip manufacturer, and identified defense contractor Lockheed Martin to CNBC's Squawk Box as a potential target for such a deal.
With a market capitalization of just under $2 billion, V2X Inc. NYSE: VVX is a fraction of the size of larger peers in the defense contractor space like Lockheed Martin Corp. NYSE: LMT and RTX Corp. NYSE: RTX. In an environment that is highly favorable to defense firms more broadly, investors may miss out on V2X and other smaller defense firms in a bid to track the household names in this industry.
Lockheed (LMT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.