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Stock impact report

The Largest Weapon Manufacturer in the World [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Latest figures released by the Stockholm International Peace Research Institute (SIPRI) in April this year estimated the global military spending in 2023 at a record-high of $2.44 trillion, up compared to 2022. The year witnessed the steepest rise in defense expenditure since 2009, and was the ninth successive year in which defense spending had increased worldwide. The United States continued to remain the largest spender on military expenditure in 2023 as well, having incurred a whopping $916 billion in defense bills during the year, growing 2.3% from last year. Washington's spending represented 37.5% of the world's military expenditure, and accounted for 68% of all NATO spending. $588 billion was spent by countries in Europe, which was equivalent to 24% of the global share. Of this amount, an overwhelming 69% was expensed in Central and Western Europe. Both Russia and Ukraine substantially increased their military expenditure during the year, whereas other countries in the region Show less Read more
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