QUICK SPARK: Lockheed Martin Eyes Best Day Since 2020 on Record $230 Billion Backlog
Lockheed Martin stock soared after a second-quarter beat and a record $230 billion backlog, powered by a $35 billion THAAD interceptor contract.
Lockheed Martin did really well this quarter and has tons of future work lined up—$230 billion worth of projects customers already promised to pay for. When a company has that much work waiting, it usually means people think the business is strong and trustworthy.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.