Lockheed Martin and Palantir both reported strong Q3 earnings but faced stock declines after the U.S. midterm elections raised concerns about Pentagon budget cuts. Lockheed's defense contracts, including a record $292 billion backlog and multiyear protections, provide a buffer against budget tightening. Palantir, growing rapidly through corporate AI deployments, is less reliant on defense but faces risks with shorter AI contract terms and high stock valuation. Investors will watch for Pentagon funding decisions and Palantir's AI deal renewals to gauge resilience.
As of Nov 10, 2026 01:02 WIB, Lockheed Martin (LMT) trades at USD 585.63, closer to its 52-week high of USD 676.70 than its low of USD 439.19, showing resilience with a 1-day gain of 3.27%. In contrast, Palantir (PLTR) is at USD 169.20, further from its 52-week high of USD 209.05 and above its low of USD 107.27, with a stronger 1-day increase of 5.50%. Despite Palantir's higher market cap of USD 386.44B compared to Lockheed's USD 131.00B, investor activity on Pluang favors Lockheed with 99% buy orders versus 66% for Palantir, reflecting differing investor confidence levels amid defense and AI sector dynamics.
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Lockheed Martin agreed to pay $29.5 million to settle claims that it discriminated against white employees in a diversity-focused bonus program. The settlement includes $22 million to the US government for alleged violations of anti-discrimination ru...
