Lockheed Martin Secures $17 Billion Intercontinental Ballistic Missile Defense Contract - J.P. Morgan Upgrades to $518!

Defense stocks are in demand again following Iran's attack on Israel. Lockheed Martin (LMT) is also attracting attention on April 15 with an estimated $17.7 billion major contract from the US Missile Defense Agency (MDA). As the prime contractor, the multi-year contract to supply the Next Generation Interceptor (NGI) is intended to modernize the Ground-Based Midcourse Defense (GMD) program, which includes radars, interceptor solutions and other equipment. Specifically, it is intended to provide protection solutions against rogue states such as North...