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Stock impact report

Why the US paused the delivery of 2,000-pound bombs to Israel ahead of a possible Rafah attack [Globe and Mail, The (Toronto, Canada)]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Defense Secretary Lloyd Austin told a Senate panel Wednesday that smaller, more precise weapons are needed for a densely populated area like Rafah. Still, he made clear the decision wasn't final. “We're going to continue to do what's necessary to ensure that Israel has the means to defend itself,” Austin said. “But that said, we are currently reviewing some near-term security assistance shipments in the context of unfolding events in Rafah.” A look at the 2,000-pound bomb and why there's so much concern about its use in Rafah. 2,000-POUND BOMBS While the U.S. has dropped 2,000-pound bombs off its aircraft since World War II, current versions date back to the Vietnam War. It's an air-dropped munition, one that can carry a higher payload because it doesn't have an engine. It's one of the larger munitions in the U.S. inventory, said Ryan Brobst, a senior research analyst at the Foundation for the Defense of Democracies' Center on Military and Political Power. The 2,000-pound Show less Read more
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