New York, Feb 11, 2026, 13:53 EST — Regular session
- Lockheed Martin shares hovered, showing little movement in afternoon trading, following a 1.37% decline on Tuesday.
- The Pentagon has launched a deeper review into how big defense contractors are performing and where they’re putting their money.
- Lockheed Martin’s CEO Jim Taiclet and CFO Evan Scott are scheduled for remarks at a Citi conference Feb. 18.
Lockheed Martin Corp (NYSE: LMT) hovered near flat by early afternoon Wednesday, slipping just under 0.1% to $629.52. CEO Jim Taiclet and CFO Evan Scott are on the schedule to speak at Citi’s Global Industrial Tech and Mobility Conference Feb. 18, the company announced. 1
The stock’s been moving with fresh policy uncertainty hanging over it. According to chief spokesman Sean Parnell, the Pentagon wrapped up its first contractor review, but kicked off what it’s calling an “extended review period” as it goes back and forth with companies. That’s from a statement he put out Monday. 2
This is key—cash returns have long formed a core part of the defense sector’s appeal. Buybacks reduce share count, while dividends hand cash directly to investors. But if Washington moves to link payouts more closely with delivery and capital spending, the group could start trading more on how well companies execute.
Defense stocks sent a split signal on Wednesday. RTX climbed roughly 0.6%, but shares of General Dynamics slipped over 3%, and Northrop Grumman dropped nearly 1%.
Shares of Lockheed slipped 1.37% on Tuesday, finishing at $629.56 and snapping a three-day run, according to MarketWatch data. 3
Lockheed, eyeing higher production, highlighted a new workforce push. On Tuesday, the company said it rolled out a Manufacturing Basic Skills+ initiative with Florence City Schools in Alabama, aiming to channel seniors into electronics manufacturing jobs at its Courtland facility. “Our goal is to have graduates who walk in ready, capable and confident,” site director Reshondra McInnis said. 4
Next week, investors may seize the Citi event as a chance to demand more specifics on output limits and when they’ll see cash returned. Hanging over it all: the Pentagon review. If shareholder payouts start looking negotiable, that’s tough to overlook.
The Pentagon hasn’t specified which companies could be singled out yet, and the schedule remains in flux. If payout rules tighten more than anticipated, dividend-focused players such as Lockheed may need to reconsider their approach—even if contract demand doesn’t falter.
Feb. 18 is circled: Taiclet and Scott have a slot to answer questions at Citi’s conference.
