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Lockheed Martin

Lockheed Martin

Defense Contractor

Appears in 1 story

Stories

Trump demands $1.5 trillion military budget

Force in Play

Stock up 7.9% on budget news despite F-35 delivery delays

Trump wants to spend $1.5 trillion on defense in 2027—a jaw-dropping 66% jump from this year's $901 billion. One day he banned defense contractors from stock buybacks until they deliver weapons on time. The next day he promised them a gold rush. Defense stocks whipsawed, then surged: Northrop up 8.3%, Lockheed 7.9%.

Updated Jan 13