Lockheed Martin stock rises after missile flight test as Pentagon motor deal keeps defense names in focus
New York, January 14, 2026, 15:33 EST — Regular session Lockheed Martin (LMT) shares climbed roughly 2.3% Wednesday, closing at $571.40, while the SPDR S&P 500 ETF (SPY) dipped around 0.8%. The stock fluctuated between $553.74 and $578 during the session. Investors are zeroing in on clear evidence that major defense contractors can convert demand into actual output, particularly in missiles and air defense. This focus has been fueling the sector’s gains, even when the broader market wobbles. On Tuesday, the Pentagon announced a $1 billion investment in L3Harris Technologies’ expanding rocket-motor division, aiming to lock down a reliable supply