Lockheed Martin is a global aerospace, defense, security, and advanced technology company that specializes in designing and manufacturing innovative systems, products, and services for government and commercial customers. The company is primarily known for its development of advanced military aircraft, missile defense systems, and space exploration technologies. Lockheed Martin also plays a key role in various programs related to cybersecurity, autonomy, and advanced manufacturing, focusing on fostering technological advancements that enhance national security and support international defense initiatives. Through its various sectors, the company aims to address complex challenges and provide cutting-edge solutions to enhance safety and security for its clients around the world. Read More
The Congressional Budget Office estimates that the U.S. may have to spend as much as $542 billion over 20 years to develop and launch the space interceptors.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
President Donald Trump once again revived his long-simmering "Golden Dome" missile defense idea, this time bringing Canada into the fold, but with a provocative condition.
In a recent development, North Korea's foreign ministry has expressed strong disapproval of the U.S. Golden Dome missile defense shield project, terming it a "very dangerous threatening initiative," as per state media KCNA news agency.
Republican senators are mounting resistance to President Donald Trump's sweeping "One Big Beautiful Bill," citing deficit increases and insufficient spending cuts as the $3.8 trillion package faces uncertain Senate passage despite narrow House approval.
Sen. Elizabeth Warren (D-Mass.) accused billionaires Jeff Bezos and Elon Musk of celebrating after House Republicans passed President Donald Trump's sweeping tax legislation, calling it the "greatest transfer of wealth from the poor to billionaires" in U.S. history.
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence.
With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.
Several major defense contractors will likely be called on to construct the Golden Dome, though President Trump did not name specific companies in his initial announcement.
The president said his administration has officially selected an architecture for the state-of-the-art system and hopes to deploy next-generation technologies across the land, sea and space.
While investors choose between Boeing & Airbus, CIO, Chip Rewey, sees Ducommun as a leveraged play on surging global defense budgets and aviation demand.
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability.
But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
Lockheed Martin demonstrates financial performance and a commitment to shareholder value in a defense industry that is driven by increased military spending.