Lockheed Martin stock jumps premarket after Trump’s $1.5 trillion defense-budget call
New York, Jan 8, 2026, 04:58 EST — Premarket Lockheed Martin (LMT) shares jumped 7.6% in premarket trading on Thursday to $534.78. The stock closed Wednesday down 4.8% at $496.87 after dipping below $500 in the session. StockAnalysis Trump late Wednesday called for a $1.5 trillion U.S. military budget in 2027, far above the $901 billion Congress approved for 2026, a proposal that would still need lawmakers’ sign-off. Lockheed rose 6.2% in trading after the market closed, while General Dynamics gained 4.4% and RTX added 3.5%. Byron Callan, a defense analyst at Capital Alpha Partners, said the post left open