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Stock impact report

Defense Stocks Northrop Grumman and RTX Are Tanking. Is Lockheed Martin a Better Buy for Passive Income? [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
All three defense contractors reported earnings on the same day, with Northrop missing badly on sales and earnings, and lowering its full-year outlook , and RTX guiding for a $850 million full-year tariff impact on operating profit. Meanwhile, Lockheed reaffirmed its full-year outlook -- a noticeable reprieve after it fell 9.2% in a single session following its January report. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Here's why Lockheed stands out as one of the best defense stocks to buy for passive income. Lockheed Martin has a diversified business spanning four segments -- Aeronautics (led by its F-35 fighter jet program), Missiles and Fire Control, Rotary and Mission Systems, and Space. Its $173 billion order backlog is more than double a year's worth of sales. As of the fourth quarter 2024, the F-35 backlog alone is worth an estimated $33.2 billion. Lockheed's backlog is reliable Show less Read more
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