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NYSE:LMT 2 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

New York, Jan 8, 2026, 05:16 EST — Premarket 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
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

NEW YORK, Jan 7, 2026, 18:08 — After-hours 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
Dow Jones falls from intraday record as Trump policy moves hit financials; jobs report next

Dow Jones falls from intraday record as Trump policy moves hit financials; jobs report next

NEW YORK, January 7, 2026, 17:25 EST — After-hours The Dow Jones Industrial Average fell 466 points, or 0.94%, to 48,996.08 on Wednesday, retreating from an intraday record as Trump policy comments hit financials and defense shares. JPMorgan dropped 2.3% after Wolfe Research downgraded it to “peer perform” from “outperform,” and “Rumors that the AI trade was done turned out not to be true,” said Jake Dollarhide of Longbow Asset Management, as Nvidia and Alphabet helped the Nasdaq end up 0.16%. Reuters
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 The deal lands as the department tries to push munitions into a faster, steadier production rhythm, after years of complaint about long lead times and thin stockpiles. Secretary of War Pete Hegseth said the new acquisition model aims to “stabilize demand signals” and award “bigger, longer contracts” so firms invest to expand capacity. U.S. Department of War
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 The threat lands as Washington pushes the industry to build more capacity, faster, after years of tight stockpiles and long delivery times. It also risks jolting a sector many investors buy for predictable cash returns, not political surprises.
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 Demand for Patriot interceptors has climbed as the United States and allied countries push harder on air defenses amid broader geopolitical tensions. Lockheed supplies PAC-3 to the United States and 16 other countries, including Sweden, Qatar, Japan and Poland, and the Patriot system is among the weapons the West has sent to Ukraine, the company said. In September 2025, Lockheed was awarded a $9.8 billion contract for 1,970 Patriot missiles, the largest order ever placed for the weapon, it added. Reuters
7 January 2026
Pentagon awards Lockheed $328.5 million Taiwan IRST pod contract as China drills keep island on alert

Pentagon awards Lockheed $328.5 million Taiwan IRST pod contract as China drills keep island on alert

The Pentagon awarded Lockheed Martin a ceiling $328.5 million undefinitized letter contract — a preliminary deal that lets work begin before final terms are set — for fixed-wing sensor hardware for Taiwan, a U.S. government contracts notice said. The award covers 55 Infrared Search and Track Legion Enhanced Sensor pods, which can detect aircraft by heat, plus related equipment under the Foreign Military Sales program, the U.S. government’s channel for selling weapons to partners. The notice said $157.3 million in FMS funds were obligated at award, work will be performed in Orlando, Florida, and the project is expected to run through June 30, 2031; it described the deal as a sole-source acquisition. U.S. Department of War Taiwan remained on high alert after China staged “Justice Mission 2025” drills around the island, keeping its emergency response centres running as it monitored Chinese naval manoeuvres, Taiwan’s coast guard said. Taiwan’s defence ministry said 77 Chinese military aircraft and 25 navy and coast guard vessels had been operating around the island in the past 24 hours. Lyle Goldstein, Asia programme head at the U.S. think tank Defense Priorities, said: “They threaten and bluster a lot, but ultimately would be very costly for China
2 January 2026
Pentagon awards Lockheed $328.5 million Taiwan contract for IR sensor pods as China drills escalate

Pentagon awards Lockheed $328.5 million Taiwan contract for IR sensor pods as China drills escalate

The Pentagon said on Wednesday it awarded Lockheed Martin a contract worth up to $328.5 million for a foreign military sale to Taiwan to meet what Washington called an “urgent operational need” of the Taiwan Air Force. The deal covers 55 Infrared Search and Track Legion Enhanced Sensor pods and related processors and containers, with work in Orlando, Florida expected to be completed by June 2031. Reuters The award comes as Taiwan has remained on high alert after China staged massive drills around the island this week in an exercise Beijing dubbed “Justice Mission 2025,” involving rockets, warships and aircraft. Lyle Goldstein, Asia program head at U.S. think tank Defense Priorities, said Beijing was unlikely to start a war despite the growing intensity: “They threaten and bluster a lot, but ultimately would be very costly for China no matter what.” Reuters
2 January 2026
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Stock Market Today

  • 5 P&C Insurers Seen Growing as Sector Shifts Toward Digital, Gains Exposure
    July 1, 2026, 3:13 PM EDT. Property and Casualty (P&C) insurers are facing softer pricing, but prudent underwriting, exposure growth, and more digitalization are helping the industry. The Hanover Insurance Group, Essent Group, Mercury General, Selective Insurance Group, and Skyward Specialty are among names set for growth. Tariff issues, inflation, and a still-busy catastrophe market are weighing, but may push renewal rates. The Fed's steady interest rates and possible future cuts, plus investment portfolios focused on fixed-income maturity, are keeping investment income strong. Fitch Ratings notes a steadier personal auto insurance market, with better surplus and economic activity improving dealmaking conditions. Adaptation to new technology and more insurtech are driving operational gains in the sector.
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