defense stocks

Over the weekend, Iran launched a drone attack on Israel, which came in response to an airstrike of an Iranian embassy in Syria. The attack is the latest in an escalation of tensions in the Middle East, which could lead to further involvement from the U.S. and potential funding for defense...

The act of buying and selling stocks and options by members of Congress has become a hotly debated item across social media and in the news due to potential conflicts of interest. A member of Congress recently disclosed a purchase of a defense stock, which could point to another conflict of...

Lockheed Martin Corp (NYSE:LMT) stock reacted as the company reported its fourth-quarter earnings. The Bethesda, Maryland-based company delivered an 8.82% surprise in earnings and a 5.03% surprise in revenue. Lockheed’s 2023 backlog reached a record $160.6 billion, and sales increased 2% to...

The U.S. has been a key financial backer for Ukraine during its ongoing conflict with Russia. However, Congress is currently split over approving an additional $100 billion in aid for Ukraine and Israel, aimed at assisting them in their respective global conflicts. This situation raises concerns...

Defense-related stocks rose on Tuesday, outperforming the broader stock market, amid rising tensions in the war between Israel and Hamas. The iShares U.S. Aerospace & Defense ETF (NYSE:ITA) rallied 1.2%, while the Invesco Aerospace & Defense ETF (NYSE:PPA) surged 0.8%. RTX Corporation (...

The yields on 30-year Treasuries crossed the 5% mark once again on Wednesday after President Joe Biden delivered live press remarks during his visit to Israel. Biden committed to an “unprecedented support package for Israel,” to be unveiled this week. “You are not alone,”...

As Israel ramps up its armed forces and a regional war with Hamas enters its fourth day, the country is considering forming an emergency government. Israel's ruling coalition is seeking to form the emergency government with the opposition, Bloomberg reported Monday.  “All the heads...

Saudi Arabia is on the path to secure a defense pact with the U.S., with conditions tied to the establishment of diplomatic relations with Israel. Three sources familiar with the matter have revealed to Reuters that Saudi Arabia is determined to secure a military arrangement in which the U.S....

Lockheed Martin Corp. (NYSE:LMT) shares are enduring their most challenging month since January 2021, witnessing a decline of approximately 9% month-to-date as of Sept. 26. The security and aerospace company faces mounting pressure due to the looming risk of a U.S. government shutdown that could...

Several members of Congress made stock trades that involved oil stocks and defense stocks days before Russia invaded Ukraine and started an international conflict that was one of the top storylines of 2022. Here’s a look at how much one member of Congress may have made from the questionably...

Credit Suisse are double upgrading an aerospace and defense stock on the basis of a bullish growth outlook. Here's what investors need to know.  The Lockheed Martin Analyst: Scott Deuschle upgraded Lockheed Martin Corp (NYSE: LMT) from Underperform to Outperform and raised ...

Prior to the invasion of Ukraine by Russia and the levying of numerous sanctions on Russia by the U.S., members of Congress purchased defense and energy stocks. Here’s a look at the trades. What Happened: A report from Unusual Whales highlights that numerous members of Congress purchased...

Against the backdrop of the Russia-Ukraine conflict, the U.S. defense budget could increase to 3.5% to 4% of GDP, according to BofA Securities. The Defense Analyst: Ronald Epstein reiterated the ratings for defense stocks while raising their price targets. L3Harris Technologies Inc (NYSE: LHX):...

Pentagon’s largest defense contractor Lockheed Martin Corp (NYSE: LMT) said on Tuesday Chief Financial Officer Ken Possenriede is retiring immediately “due to personal reasons” and named a company veteran as an interim replacement. What Happened: The maker of F-35 fighter jets...

Kratos Defense & Security Solutions (NASDAQ: KTOS) is the third top holding of Cathie Wood’s ARK Space Exploration and Innovation ETF, and options traders are betting Kratos stock will make a big move in the coming weeks. The ETF is set to launch Tuesday on the Cboe BRX exchange...