Defense spending and defense stocks: Why they don't always reflect each other [Seeking Alpha]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Seeking Alpha
Ahead of the pack is the U.S., which has allocated $825B in defense expenditures for FY 2024. That's an amount equivalent to the military expenses of the next 10 countries combined, and if factoring in non-discretionary spending on defense, such as veterans benefits, that number would already be well north of $1T on an annual basis. Snapshot: Taking notice of the spiraling conflicts taking place across the globe, many Western countries have been warning that "the era of the peace dividend is over." France, which has been leading the defense spending charge across Europe under Emmanuel Macron, is raising military expenditures by more than one-third in the coming years. Another boost for NATO has come from founding member Norway, which just presented plans to double the size of its defense budget, while the U.S. Congress is debating the best path forward for a vote on aid to Ukraine, Israel and Taiwan following Iran's attack over the weekend The call for increases in defense spendin
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LMT
Earnings
- 4/23/24 - Beat
LMT
Sec Filings
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/19/24 - Form PX14A6G
- LMT's page on the SEC website