Lockheed Martin and RTX Raise Forecasts as Pentagon Seeks to Restock Weapons
Defense contractors Lockheed Martin (LMT) and Raytheon Technologies (RTX) raised their long-term forecasts due to increased demand from the U.S. military, driven by ongoing global conflicts that have depleted stockpiles of weapons such as missiles and munitions.
Topics: Lockheed Martin missile production Pentagon budget RTX (Raytheon Technologies) U.S. military conflicts