Lockheed Martin Posts Blowout Quarter, Raises 2026 Guidance Amid Missile Restocking Boom
Lockheed Martin drives defense sector gains with beat-and-raise Q2 earnings, record backlog, and higher 2026 outlook fueled by missile demand.
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#RTX↓
RTX Raises 2026 Outlook on Strong Aircraft Repair and Defense Demand
RTX raises 2026 sales and profit forecasts after strong Q2 results driven by aircraft maintenance and defense demand.
Middle East Conflict Hits Travel Stocks Hard, Boosts Defense and Oil
Escalating US-Israel-Iran conflict sparks market turmoil: airlines and cruises drop 5-7% on fuel fears, while defense firms like Lockheed soar amid rising geopolitical tensions. Oil jumps sharply.
RTX Q4 Revenue and Profit Rise on Strong Engine Sales
Aerospace and defense giant RTX posts higher Q4 revenue and profit, boosted by F135 engine sales and commercial aircraft maintenance demand.
Trump Calls for $1.5 Trillion Defense Budget Hike, Claims Tariffs Will Cover Costs
President Trump proposes 50% increase in US military spending to $1.5 trillion by 2027, citing tariff revenue as funding source despite budget concerns.
Trump Bans Defense Contractor Dividends and Stock Buybacks
Defense stocks fall as Trump prohibits dividends and buybacks, caps executive pay at $5M, demanding contractors invest in equipment instead.