Lockheed Martin

Lockheed Martin Corporation $LMT Stock Position Increased by CX Institutional

L3Harris Technologies (LHX) Secures $6B Contract to Expand THAAD Propulsion Production

L3Harris Technologies (LHX) has secured a $6 billion contract from Lockheed Martin to significantly expand propulsion production for the THAAD missile defense system over seven years. This agreement, which includes building a new manufacturing facility, positions L3Harris to meet rising defense demands and reinforces its revenue stream. The company also offers an attractive dividend yield of 2.07% and is considered modestly undervalued, making it a compelling option for dividend investors despite some insider selling.

News | RTX's Raytheon awarded $24.4 billion multi-year contract for SM-6 interceptors

Boeing wins US Navy’s next-generation fighter contract, Pentagon says By Reuters

RTX leads defense stocks as the top near-term watchlist candidate

RTX Corp (RTX) is identified as the top near-term watchlist candidate among defense stocks due to its strong tactical setup, including reversal potential, positive momentum mix, and fundamental tailwinds like a large backlog and raised 2026 outlook. Despite currently testing daily support and facing "Strong Sell" daily and weekly signals, its deeply oversold RSI and analyst-target upside suggest potential. Other defense stocks like Leonardo DRS, Lockheed Martin, General Dynamics, and Northrop Grumman are also mentioned but present weaker tactical setups or stronger downtrends.

Pentagon Awards Raytheon Up to $20.7 Billion Deal to Ramp Up AMRAAM Missile Production Amid Stockpile Crunch

The Pentagon has awarded RTX subsidiary Raytheon a contract worth up to $20.7 billion to accelerate the production of Advanced Medium-Range Air-to-Air Missiles (AMRAAM). This move addresses concerns about dwindling U.S. missile stockpiles, which have been depleted due to conflicts and aid to allies. Raytheon had previously aimed to nearly double AMRAAM production, and this new deal is part of the Pentagon’s "Arsenal of Freedom" initiative to replenish essential munitions.