Lockheed Martin: the USA are Planning to Increase the Defense Budget by $150 Billion - More Money for the Golden Dome Missile Shield!

In the USA, defense stocks could come into sharper focus as the weekend approaches. Three reasons make Lockheed Martin interesting right now and could signal an end to the bottoming process in the near future! This week's quarterly results were very strong, with 4% growth and a 15% increase in EPS. The company is sitting on orders exceeding $173 billion. New contracts include precision missiles, THAAD (mobile missile system), and JASSM/LRASM (cruise missiles). The Republicans are planning a $150 billion defense package in Congress, which...