The US House has authorized a historic $1.15 trillion defense budget for fiscal year 2027, reflecting a strategic response to global military threats from Iran, China, and Russia. This budget supports a multi-year rearmament effort focusing on munitions and defense production readiness. Investment opportunities arise in defense ETFs like XAR and PPA, with valuation differences between prime contractors and tech suppliers. Future gains depend on converting funded backlogs into production and free cash flow rather than valuation multiples.
Lockheed Martin reported a strong quarter with 7% underlying sales growth and a record $230 billion backlog, leading to raised guidance. The Missiles & Fire Control segment drives growth through new multi-year contracts, though margin expansion remai...
Lockheed Martin reported an 11% year-over-year increase in Q2 sales, driven by strong demand and capacity expansion. The company raised its full-year sales growth guidance to 8% and expects to maintain an operating margin of about 10.7%. With a backl...
The S&P 500 dropped below its 50-day moving average amid a selloff driven by oil prices hitting $100 per barrel and rising U.S. Treasury yields, which pushed the 10-year yield to 4.70%. This spike increased fears of Federal Reserve interest rate hike...
Lockheed Martin reported Q2 2026 earnings with EPS of $7.94 and revenue of $20.06 billion, both surpassing analyst estimates. The company saw an 11% revenue increase from the prior year and raised its full-year financial outlook, supported by a recor...
Lockheed Martin and RTX Corporation saw their stock prices rise sharply after reporting strong second-quarter earnings and raising their full-year sales and earnings forecasts. Lockheed Martin's revenue grew 11% to $20.1 billion with an EPS of $7.94,...
