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Lockheed Martin beat on sales and earnings yesterday, and its stock zoomed higher. Wall Street analysts lined up to raise price targets on Lockheed stock today.
Lockheed Martin (NYSE:LMT | LMT Price Prediction) reported Q2 EPS of $7.94 versus $7.199 expected, revenue of $20.06 billion, and a record $230.42 billion backlog.
Defense ETFs are gaining attention as solid Q2 earnings, rising military spending and escalating Middle East tensions strengthen the sector's outlook.
Lockheed Martin highlights record backlog, munitions growth and defense technology investments as it raises 2026 guidance.
For decades, the U.S. defense industry has followed a familiar playbook: the Pentagon identifies a need, issues a request for proposals, and contractors compete to build the winning system. According to Lockheed Martin Corp (NYSE:LMT), that model is changing.
Bank of Nova Scotia increased its position in Lockheed Martin Corporation (NYSE: LMT) by 84.9% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 176,707 shares of the aerospace company's stock after purchasing an additional 81,115 shares during the period. Bank of Nova Scotia owned
Lockheed Martin NYSE: LMT reported what executives described as a strong second quarter of 2026, citing a record backlog, higher sales, improved earnings and a significant rebound in free cash flow. The defense contractor also raised its full-year outlook across key financial metrics, pointing to accelerating demand for munitions, F-35 aircraft, radar systems and space and missile defense programs.
Lockheed Martin Corporation (LMT) Q2 2026 Earnings Call Transcript
SEC filings for LMT aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.