Published on March 6, 2026 Contents Institutional Research Group Jim Corridore Lead Research Analyst, Industrials jim.corridore@pitchbook.com pbinstitutionalresearch@pitchbook.com | Key takeaways | 1 | | --- | --- | | The Iran war explained | 1 | | How PE investors view the Iran war | 2 | | Who makes these munitions and at what cost? 3 | | | How can PE invest in this space? | 5 | | The Iran war highlights aerospace & defense | | | investment staying power | 6 | INDUSTRY RESEARCH The Iran War Viewed Through ...

来源：市场资讯 （来源：美股财经社） 报道指出，这些设施大多涉及云计算、人工智能和数据处理基础设施，被伊朗方面视为与美国军事、情 报和科技体系存在潜在关联。 此外，伊朗还公布了一份详细的拟对美国相关工业目标进行打击的清单——包括名称、地址、城市和行 业分类。 约旦（安曼）：洛克希德·马丁公司、波音公司、微软公司、甲骨文公司、埃克森美孚公司、花旗集 团、亚马逊网络服务公司。 阿联酋（阿布扎比和迪拜）：洛克希德·马丁公司、NSO 集团、微软、KKR、波士顿咨询集团、贝恩公 司、波音、托克。 据伊朗媒体塔斯尼姆通讯社（Tasnim News Agency）在其 Telegram 频道披露，伊朗伊斯兰革命卫队 （IRGC）已经确定了29个潜在打击地点，这些地点分布在巴林、以色列、卡塔尔和阿联酋等国家。 这些目标主要与美国大型科技企业在中东地区的基础设施有关，包括云计算数据中心、人工智能研究设 施以及企业办公机构。 根据该清单显示，被列为潜在打击对象的企业包括 | | | | شرکت های صنعتنی، انرزی و عالی آمریکا در منطقه anana | | | | | --- | --- ...

Core Insights - NASA has revised its moon landing schedule, delaying Artemis II to April and postponing Artemis III's landing to 2028, but this is seen as a strategic move to enhance future missions [3][4][6] Mission Timeline - Artemis II will now take place in April, focusing on a lunar flyby rather than a landing, while Artemis III will practice docking in Low Earth Orbit in 2027 instead of landing on the moon [3][4][6] - The actual moon landing is now planned for Artemis IV in 2028, with a potential for two landings in that year due to an accelerated launch cadence [6] Cost Management - Each Artemis launch currently costs $4.1 billion, attributed to infrequent launches and ongoing development of the Space Launch System (SLS) [9][12] - NASA aims to standardize the SLS design to reduce costs and increase launch frequency, moving towards a "near-Block I" version that incorporates proven technology [10][11] Industry Implications - The changes in the Artemis program could positively impact contractors like Boeing, Northrop Grumman, and Lockheed Martin by making SLS more cost-effective and politically favorable [11][13] - The proposed adjustments may prevent Congress from shifting contracts to competitors like SpaceX, thereby securing ongoing contracts for existing aerospace companies [12][13]

When geopolitical tensions flare up, defense stocks tend to gain momentum. That's precisely what happened in the past week. After the U.S. and Israel launched widespread strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei and triggering Iranian retaliation that killed three U.S. service members, defense stocks surged. Lockheed Martin jumped more than 3%, CNBC reported. Northrop Grumman climbed around 6%. European names like BAE Systems and Hensoldt rose roughly 6% and 5%, respectively. But he ...

Lockheed Martin Corporation (NYSE:LMT) is among the 10 Best Aerospace Dividend Stocks to Buy. On March 3, the company announced that it will act as a mission partner to Mitsubishi Electric by providing an anti-jamming payload for Japan’s Next-Generation Defense Satellite Communication System. The payload will help in enhancing the capabilities of the satellite through improved resistance to interference and interoperability with allied and partner countries. The new satellite will succeed Japan’s current ...

Key Takeaways LMT continues enhancing the F-35, built to share real-time battlefield data across joint forces.LMT is adding JASSM and LRASM weapons to expand the F-35's long-range strike capability.LMT won a $700.4M contract for materials to support future F-35 production.Lockheed Martin Corporation (LMT) continues to strengthen its position in advanced combat aircraft through the F-35 Lightning II program. As defense strategies increasingly focus on networked and multi-domain operations, the F-35 plays an ...

Core Insights - Lockheed Martin and L3Harris Technologies are both benefiting from increased U.S. government defense spending, but they have different business models and financial performances [1] Financial Performance - Lockheed Martin reported a Q4 2025 operating profit of $535 million in its Missiles & Fire Control segment, recovering from an $804 million loss in Q4 2024, with F-35 deliveries increasing by 74% to 191 units [1] - L3Harris achieved record Q4 orders of $27.5 billion with a 1.3x book-to-bill ratio and organic revenue growth of 5% across all segments, including a 10% growth in its Aerojet Rocketdyne segment [1] - Lockheed Martin's FY2025 revenue was $75.05 billion, while L3Harris reported $21.87 billion [1] - Lockheed's free cash flow for FY2025 was $6.91 billion compared to L3Harris's $2.74 billion [1] Growth Projections - Lockheed Martin is guiding for FY2026 revenue between $77.5 billion and $80.0 billion, while L3Harris expects revenue between $23.0 billion and $23.5 billion [1] - Lockheed's segment operating profit is projected to grow by approximately 25% in 2026 [1] Business Strategies - Lockheed Martin is focusing on scale and long-term government contracts, having invested over $3.5 billion in production capacity and next-generation technologies in 2025 [1] - L3Harris is reorganizing its structure into three segments for 2026 and is divesting a majority stake in its Space Technology disposal group, aiming for a leaner and more focused operation [1] Valuation Analysis - Lockheed Martin is trading at a forward P/E of 22x, while L3Harris is at 31x, indicating that Lockheed is the cheaper stock based on earnings power [1] - Over the past year, L3Harris has seen a stock price increase of approximately 74%, compared to Lockheed's 42% [1]

And Occidental Petroleum (OXY) is a primary beneficiary of this geographic flight to safety.Geopolitics has turned the oil market into a game of "where," not "how much."With all this going on, here are six companies investors must watch.Replacing those assets requires more than just a Congressional appropriation. It requires a specific set of rare earth alloys and chemicals that the West has ignored for three decades.The U.S. fired more than 100 Tomahawk missiles on the first night alone, and many more sinc ...

What Is the R66 TURBINETRUCK?The R66 Turbinetruck combines Robinson Unmanned’s new cargo UAS airframe with Sikorsky’s Matrix autonomy system. It becomes the 21st aircraft enabled by Matrix. The system has logged more than 1,000 flight hours across platforms — from small drones to strategic airlift cargo planes.Without the cockpit and crew stations, the aircraft features a high-volume fuselage, cargo floor, and a nose-mounted clamshell door to facilitate rapid loading of palletized freight.How MATRIX Autonom ...

R66 TURBINETRUCK is purpose-built for commercial and defense missionsRobinson Unmanned’s new R66 TURBINETRUCK equipped with Sikorsky’s proven MATRIX™ autonomy system ATLANTA, March 10, 2026 (GLOBE NEWSWIRE) -- Sikorsky, a Lockheed Martin company (NYSE:LMT), and Robinson Helicopter Company (RHC) unveiled the R66 TURBINETRUCK, a game-changing autonomous cargo helicopter that combines Sikorsky’s proven MATRIX™ autonomy system with Robinson Unmanned’s new cargo UAS helicopter. Developed through a collaborative ...