Trump, Lockheed Martin and LMT Stock
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Defense stocks such as Lockheed and Northrup, are in the spotlight after Trump's buyback threats and $1.5 trillion budget proposal.
Lockheed Martin said on Wednesday it delivered 191 F-35 fighter jets in 2025 to the United States and its allies, a record for the program.
The defense contractor committed to surging its Patriot missile output to roughly 2,000 interceptors a year in response to demand from Pentagon officials gearing up for conflicts on multiple fronts.
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Defense Stocks Tank Then Soar: Here’s Why They’re Gunning Higher Today
President Donald Trump rattled the defense sector yesterday by signing an executive order prohibiting contractors from issuing dividends or repurchasing shares until they prioritize investments in new facilities and machinery to boost production speed and quality.
The defense contractor said it plans to increase annual production of advanced Patriot missile interceptors from 600 to 2,000.
On Wednesday at 4:15 p.m. Eastern Time, Lockheed Martin issued a statement that it had "a record-breaking year for the F-35 Lightning II program" in
An aerospace engineering and design firm with a big presence in metro Atlanta is the recipient of a large new federal contract.
Terran Orbital Corp.'s chief executive shortchanged shareholders when he engineered the space startup’s $450 million fire sale to Lockheed Martin Corp. after being offered a golden parachute, according to a group of lawsuits.