Lockheed Martin shares closed down nearly 5% at $496.87, hitting its worst day since July last year on the initial remarks by Trump. ・The stock was up 6.3% in after-market trading on Wednesday, heading for its best day since Oct.

Lockheed Martin shares fell amid President Donald Trump's social media post criticizing defense contractors over executive compensation, dividends and production speeds.

Lockheed Martin will triple Patriot missile production for the Pentagon. More missile sales means more revenue, and probably at higher profit margins. Lockheed Martin (NYSE: LMT) stock is hopping Tuesday morning,

The recovery was sparked by Trump’s statement proposing a $1.5 trillion defense budget for 2027, a substantial increase from the previously discussed $1 trillion figure. In his social media post, Trump indicated the higher budget would "allow us to build the ’Dream Military’" and keep the country "SAFE and SECURE."

Under the agreement, Lockheed Martin will support necessary investments to scale production, while both the company and the government will share in cost savings enabled by the long-term commitment. The company has already increased PAC-3 MSE production by more than 60% over the past two years, delivering 620 units in 2025.

Raytheon stock (RTX) plunged 10% after Trump’s Truth Social attack on defense contractors’ dividends, buybacks and executive pay, while proposing $1.5T military budget for 2027., US News, Times Now

Lockheed Martin stock reached a 52-week high of $520.22, marking a significant milestone for the aerospace and defense giant. This peak comes amid a year of steady growth, with the company’s stock price appreciating by 13.

Defense stocks rise as US seizes former Venezuelan president. Jim Lebenthal recommends Lockheed Martin, Stephen Weiss suggests QXO, and Joe Terranova selects McKesson.