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Stock impact report

From Lockheed to European start-ups, arms makers jostle for Iran war orders [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The Middle East conflict promises another injection of cash into the sector as the US and its allies rush to refill their weapon stockpiles. In Washington, the Trump administration is putting the finishing touches to a request to Congress later this week for $1.5tn in defence spending for next year. The Pentagon has asked the White House to submit a request to Congress for an extra $200bn to help fund the war in Iran at the same time. “It takes money to kill bad guys,” said US defence secretary Pete Hegseth last month. There is no certainty these requests will be approved, nor at what level, but what is clear is that the war in the Middle East has severely depleted stockpiles of some of America's flagship missiles and air defence systems built by two of the world's biggest defence contractors, RTX ( RTX ) and Lockheed Martin ( LMT In the first 16 days, the US, together with coalition forces, burned through more than 11,200 munitions at an estimated cost of $26bn, according to Show less Read more
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