Lockheed Martin's stock surged 9% after reporting third-quarter results that beat estimates and raising its full-year outlook, driven by a record backlog of $292 billion. The company expects 2026 revenue between $80 billion and $82 billion and earnings per share of $30.35 to $30.75, citing strong demand for missile systems and F-35 aircraft. This positive momentum lifted other defense stocks like RTX and Northrop Grumman, reflecting broader sector strength amid elevated global defense spending. Investors should watch for contract finalizations and production ramps as key factors for sustained growth.
Lockheed Martin shares are up 6.20% on Pluang, trading at USD 585.73 as of Oct 22, 2026 21:02 WIB, showing strong investor interest following its positive outlook. Meanwhile, Northrop Grumman is up 0.81% at USD 543.70, with contrasting order activity where Lockheed Martin sees 100% buy orders and Northrop Grumman 100% sell orders at the same time.
Lockheed Martin reported strong Q3 2026 results, beating Wall Street estimates with earnings of $7.97 per share and sales of $20.7 billion, up 11% year-over-year. Net earnings rose 14% to $1.8 billion, supported by a record backlog of $292 billion, i...
Lockheed Martin reported a strong third quarter in 2026 with sales increasing 11% to $20.7 billion and net earnings rising 14% to $1.8 billion, or $7.97 per share. The company achieved a record backlog of $292 billion, driven by growth across all fou...
The US Department of War and Lockheed Martin announced a 10-year framework agreement for the production and sustainment of 850 F-35 aircraft, including spare parts and modifications. This multiyear plan aims to stabilize the supply chain, reduce cost...
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 ba...
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...
