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Defense Industry 3 January 2026 - 8 January 2026

RTX stock rebounds on Trump’s defense-spending push as buyback curbs hang over sector

RTX stock rebounds on Trump’s defense-spending push as buyback curbs hang over sector

RTX shares rose 4.6% in premarket trading on Thursday after President Donald Trump called for a $1.5 trillion U.S. military budget for next year. Lockheed Martin and Northrop Grumman were up more than 6% in early trade. “Geopolitics is the inescapable story of 2026 thus far,” said Neil Wilson, UK investor strategist at Saxo Bank; Investec analyst Ben Bourne said the move could fuel a rotation into UK defence names. Reuters
8 January 2026
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Lockheed Martin (LMT) stock slides nearly 5% after Trump targets defense dividends, buybacks

Lockheed Martin (LMT) stock slides nearly 5% after Trump targets defense dividends, buybacks

Lockheed Martin shares fell on Wednesday and were last down 4.8% at $496.87 in after-hours trading, after U.S. President Donald Trump said he would not allow defense contractors to pay dividends or buy back stock until they fix what he called slow production and maintenance of military equipment. The stock touched $496.12 at the session low. Reuters
8 January 2026
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Lockheed Martin stock slides after Patriot missile deal, Goldman sticks to $430 sell target

Lockheed Martin stock slides after Patriot missile deal, Goldman sticks to $430 sell target

Lockheed Martin has struck a seven-year framework agreement with the U.S. Department of War to more than triple production capacity of its PAC-3 missile interceptors, a key part of the Patriot air-defense system. Output is expected to rise to about 2,000 a year from roughly 600 as demand for air defenses climbs, and the missiles have also been supplied to Ukraine. The U.S. military awarded Lockheed a record $9.8 billion contract in September for 1,970 Patriot missiles. Reuters
7 January 2026
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Why Lockheed Martin stock is sliding: Trump payout threat collides with PAC-3 missile ramp and a Goldman sell

Why Lockheed Martin stock is sliding: Trump payout threat collides with PAC-3 missile ramp and a Goldman sell

Lockheed Martin shares slid about 4.5% in afternoon trading on Wednesday after U.S. President Donald Trump said he would block dividends and share buybacks for defense contractors until they speed up weapons production. Trump also urged new production plants and called defense executive pay “exorbitant,” while offering no details on enforcement; Northrop Grumman, RTX and General Dynamics shares were also lower. Reuters
7 January 2026
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Pentagon-Lockheed deal aims to triple PAC-3 Patriot interceptor output to 2,000 a year

Pentagon-Lockheed deal aims to triple PAC-3 Patriot interceptor output to 2,000 a year

The U.S. Department of War said it has signed a seven-year framework agreement with Lockheed Martin to lift annual production of the PAC-3 Missile Segment Enhancement — a Patriot interceptor meant to hit incoming missiles — to about 2,000 units from roughly 600. The department said it will also work with key suppliers on seven-year subcontracts, part of what it calls a new acquisition model. Michael Duffey, the under secretary for acquisition and sustainment, called it “a fundamental shift in how we rapidly expand munitions production.” U.S. Department of War
7 January 2026
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Tokyo stocks today: Nikkei starts 2026 higher as TEPCO, chip and defense names lead

Tokyo stocks today: Nikkei starts 2026 higher as TEPCO, chip and defense names lead

Japan’s Nikkei 225, a price-weighted index of blue-chip shares, jumped about 3% on Monday in Tokyo’s first session of 2026 as investors chased chip and defense stocks and looked past U.S. action in Venezuela. “The market turned risk-on as if uncertainties and threats had been removed,” said Kazuaki Shimada, head of research at IwaiCosmo Securities. The Nikkei closed up 3.03% at 51,865, with Tokyo Electric Power leading gainers on a 9.23% surge.
5 January 2026
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