Lockheed Martin stock jumps as Trump order targets defense buybacks and dividends; earnings next
NEW YORK, January 9, 2026, 12:10 EST — Regular session Lockheed Martin shares climbed 4.2% to $539.96 on Friday, bouncing between $523.27 and $543.00 early in New York as defense names stayed volatile on fresh White House pressure over contractor payouts. Shares moved as U.S. defense contractors started seeking legal advice after President Donald Trump signed an executive order linking dividends, share buybacks and executive pay to weapons delivery schedules, sources told Reuters. Morgan Stanley analyst Kristine Liwag described the policy mix as “carrots and sticks,” while a federal contracting lawyer said companies could face pressure as the administration looks