Lockheed Martin soars to new high

Shares in US defence prime Lockheed Martin (LMT) soared $44 or 7.5% to a new all-time high of $641.50. The aircraft and missile systems maker posted better-than-forecast Q4 earnings and issued positive FY26 guidance. Share price: $641.50 (+7.5%) PE: 27.8x Market cap: $148bn Yield: 2.2% FLYING HIGH The defence group reported Q4 revenue of $20.3 … Continue reading Lockheed Martin soars to new high