Defence stocks lag as “two hot wars” reset spending [Wealth Professional (Canada)]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Wealth Professional
Defence stocks have mostly sat out today's “two hot wars” – and some portfolio managers see that as a buying window, not a red flag. According to BNN Bloomberg , Brian Madden, chief investment officer at First Avenue Investment Counsel, said that since “Trump 2.0” began, globalization and the “Pax Americana” have “reset” in a way that makes military spending “structurally higher,” even beyond the current conflict in the Middle East. He noted that since the outset of the Iran war in February, sectors that usually perform well in wartime – including defence – “haven't done so,” despite rising geopolitical risk. Madden told the outlet that the case for defence equities rests on more than one flashpoint. He pointed to the war in Ukraine entering its fourth year, the US strike on Iran's nuclear facilities in the summer of 2025, and US President Donald Trump pressing NATO allies to ramp up budgets. He noted that defence stocks have not “meaningfully” gained during this period, ev
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LMT
Earnings
- 1/29/26 - Miss
LMT
Sec Filings
- 4/6/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- LMT's page on the SEC website