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The Trump administration plans to meet with executives from the biggest U.S. defense contractors at the White House on Friday to discuss accelerating weapons production, as the Pentagon works to replenish supplies after strikes on Iran and several other recent military efforts, five people familiar with the plan told Reuters.
U.S. defense contractors, like Lockheed Martin , are expected to follow the Pentagon's order to purge Anthropic's prized AI tools from their supply chains, government contracting and technology attorneys said, even though the Trump administration's ban on their use may fail in court.
Recent events in the Middle East have only reinforced an armaments megatrend, analysts at Citi believe, arguing growth expectations across the sector still look too conservative. The bank flagged RTX Corp (NYSE:RTX, XETRA:5UR), L3Harris Technologies Inc (NYSE:LHX, XETRA:HRS), Lockheed Martin Corp (NYSE:LMT), Karman Holdings Inc (NYSE:KRMN), and Ducommun Inc (NYSE:DCO) as particularly sensitive to the theme, given their exposure to missile and interceptor systems.
Defense stocks have surged as the Middle East war escalates. Despite a pullback, they have outperformed in the last year on rising military budgets. The U.S.-Israeli operation in Iran and its ramifications have investors mulling increased military spending and contract awards. Defense stocks are also riding long-term structural factors, including AI-enabled systems and faster product cycles, that have led to tech-style valuations.
Major stock indexes plummeted Tuesday, with the Dow Jones Industrial Average shedding 850 points, as the conflict in the Middle East escalated. Meanwhile, oil futures soared for a second straight day.
Sylvia Jablonski, Defiance ETFs co-founder and CIO, joins 'Squawk Box' to discuss the latest market trends, impact of the ongoing U.S.-Iran conflict, state of the economy, and more.
Rosenblatt Securities on Monday increased its price target for Palantir's shares by 33% to $200, joining UBS, HSBC, William Blair and other firms to raise their ratings on the software firm's stock in recent weeks. Rosenblatt cited the Iran conflict and said it believes Palantir's software would be more effective for military use than relying on large language models.
Shares of industry leaders Lockheed Martin NYSE: LMT, RTX Corporation NYSE: RTX, and Northrop Grumman NYSE: NOC have surged, with some reaching new highs on a significant increase in trading volume.
Defense sector stocks surged following the escaltion in the Middle East, with General Dynamics (GD) and RTX (RTX) offering the most compelling upside. RTX stands out for accelerating double-digit growth, successful crisis management, and attractive PEG valuation relative to peers. General Dynamics is positioned for margin expansion as submarine programs scale, with a $118B backlog and underappreciated growth.
Recent events in the Middle East have only reinforced an armaments megatrend, analysts at Citi believe, arguing growth expectations across the sector still...
A giant in the aerospace world, shares of Lockheed Martin ( NYSE:LMT ) are up 1% over the past week and 38% year-to-date as of March 2, 2026, a great way to start the month amid market concerns tied to U.S.
Lockheed Martin and RTX both rack up gains in premarket trading as the broader market frets about a drawn-out conflict.
Worries about developments in Iran rattled financial markets Monday, after the U.S. and Israel launched a joint attack over the weekend. Here's which stocks are falling, and which ones are on the rise.
Lockheed Martin and Palantir offer distinct but complementary reasons to be in investors' portfolios right now, especially in an environment shaped by rising geopolitical tensions.
Conflict in the Middle East is prompting people to reduce risk. Defense companies can be safe havens during times of war.
Stock News Oil surge hits travel, lifts energy: As the Strait of Hormuz faces attacks and insurers pull coverage, oil jumped ~6% and diesel spiked, pressuring a
Defense stocks are rallying on Monday after the attacks carried out by the U.S. against Iran over the weekend. Multiple members of Congress are among the shareholders of several of the top-performing defense stocks on Monday.
Lockheed Martin (LMT) shares climbed about 5% on Monday after U.S. and Israeli forces carried out coordinated strikes on Iranian military facilities.The operati
Major stock indexes turned mostly higher and oil and gold futures advanced Monday as markets reacted to fighting in the Middle East.
US defence stocks were in demand on Monday as Wall Street reacted to the US and Israel's war on Iran and the retaliatory strikes on regional allies including Saudi Arabia, Qatar and UAE. Shares in Northrop Grumman Corp (NYSE:NOC, XETRA:NTH) rose 4.9%, with Axon Enterprise Inc (NASDAQ:AXON) and RTX Corp (NYSE:RTX, XETRA:5UR) also both climbing over 4%.