QUICK SPARK: Trump’s Defense Buildup Pays Off For Lockheed Martin and RTX
Lockheed Martin and RTX stocks surge on record Q2 backlog and strong demand, while iShares U.S. Aerospace & Defense ETF also rises.
Lockheed Martin and RTX got lots of new orders from the government, so more people want to own their stock. When big defense companies have huge waiting lists of work, it usually means business is strong and customers trust them.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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