Trump Says Defense Firms to Quadruple Production of Some Weapons [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
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Source: Yahoo! Finance
boost production of some weapons following a meeting at the White House, amid worries that the war against Iran is depleting Pentagon stockpiles. “We just concluded a very good meeting with the largest U.S. Defense Manufacturing Companies where we discussed Production and Production Schedules,” Trump said in a social media post on Friday. “They have agreed to quadruple Production of the ‘Exquisite Class' Weaponry in that we want to reach, as rapidly as possible, the highest levels of quantity.” Most Read from Bloomberg US Sinking of Iranian Warship Piles Pressure on India's Modi China Tells Top Refiners to Halt Diesel and Gasoline Exports ‘As Dead as Fried Chicken': Why Trump Finally Fired Noem Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch Modi Stresses Dialog, Diplomacy After US Sinks Iran Warship “Exquisite class” likely refers to sophisticated, hard-to-produce missiles capable of destroying the most complex targets. Such weapons include the RTX Corp.
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- 1 Defense Stock Cathie Wood Is Buying Now as the U.S.-Israel War on Iran Heats Up [Yahoo! Finance]Yahoo! Finance
- Trump Says Defense Firms to Quadruple Output of Some Weapons [Yahoo! Finance Canada]Yahoo! Finance Canada
- Trump meets defense executives, touts production boost as US strikes Iran [Yahoo! Finance]Yahoo! Finance
- Sikorsky, Lockheed Martin to boost helicopter production. Here's why [Yahoo! Finance]Yahoo! Finance
- Trump says defense giants will quadruple production of ‘Exquisite Class' weapons after White House meeting [FOX News]FOX News
LMT
Earnings
- 1/29/26 - Miss
LMT
Sec Filings
- 2/27/26 - Form 144
- 2/27/26 - Form 4
- 2/27/26 - Form 4
- LMT's page on the SEC website