Lockheed Martin stock jumps on defense-budget headlines and a Truist upgrade — what matters next
NEW YORK, Jan 10, 2026, 13:34 EST — Market closed Lockheed Martin shares closed Friday up 4.72% at $542.92, reclaiming their spot at the top of the industrials sector after a volatile start to 2026. (MarketWatch) The trigger came from Washington. President Donald Trump proposed a $1.5 trillion U.S. military budget for 2027, sending Lockheed’s stock higher after it had dipped earlier in the week on worries over limits on shareholder payouts. RBC Capital Markets analysts, led by Ken Herbert, said that the budget boost might “offset” the potential blow from tighter capital return rules, though they warned of “significant