President Trump declared the Moon as U.S. property on social media, though this does not change the 1967 Outer Space Treaty. However, the U.S. Fiscal Year 2027 budget boosts the Space Force funding by $39.4 billion to $71.2 billion, driving record contract backlogs for space companies like Lockheed Martin, Rocket Lab, Intuitive Machines, Redwire, and SpaceX. These firms are positioned to benefit from increased defense and lunar exploration spending, with key upcoming milestones including NASA contract awards and new rocket tests. Investors should watch if this rhetoric leads to faster procurement or remains symbolic, impacting stock valuations accordingly.
RTX Corporation is highlighted as the top Buy among defense companies due to its exceptional backlog growth of 36% year-over-year and a high book-to-bill ratio of 4.57x, signaling strong demand and long-term revenue visibility. The defense sector ben...
Lockheed Martin reported strong third-quarter results for 2026, driven by a major Patriot missile contract that helped the company achieve a record backlog of $292 billion. The Missiles and Fire Control division is the main growth driver, with plans ...
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 strong Q3 2026 results with revenue of $20.71 billion, up 11% year-over-year, and net earnings of $1.85 billion, or $7.97 per share, surpassing analyst estimates. Growth was driven by its Missiles and Fire Control division an...
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 earnin...
