Lockheed Martin, General Dynamics, Northrop Grumman, and RTX are defense companies with record or near-record Pentagon contract backlogs, ensuring stable and growing dividend payouts. Lockheed Martin leads with the highest yield and a $230 billion backlog, while RTX holds the largest backlog at $340 billion. These companies cover dividends comfortably with free cash flow from multiyear government contracts, making their dividends reliable for income investors. Risks include fixed-price contract challenges and production cost growth, but overall, the sector offers strong dividend growth supported by long-term government spending.
Lockheed Martin trades at USD 548.86 with a dividend yield of 2.62% on Pluang as of Oct 22, 2026 00:32 WIB, showing a slight 0.03% increase in one day. General Dynamics and Northrop Grumman also show positive one-day changes of +0.34% and +0.96% respectively, with yields of 1.85% each. These figures highlight steady investor interest in defense stocks known for their reliable dividends backed by strong Pentagon contracts.
Wall Street is reacting to predictions of a Democratic sweep in the upcoming midterm elections by selling off aerospace and defense stocks, with the iShares U.S. Aerospace & Defense ETF down nearly 18% since mid-August. Northrop Grumman is hit hardes...
The U.S. Army has awarded a $215 million contract to the Javelin Joint Venture, a partnership between Raytheon and Lockheed Martin, for the production of Lightweight Command Launch Units (LWCLU). These next-generation launchers are 30% smaller, 25% l...
