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Trump's 'Golden Dome' Places 3 Defense Stocks in Focus
LHXL3Harris(LHX) Schaeffers Investment Research·2025-05-21 18:54

Group 1: Defense Sector Overview - President Trump announced plans for a "Golden Dome" missile defense project, estimated to cost 175billion,involvingsatellitestodetectanddestroymissiles[1]TheannouncementhaspositivelyimpactedL3HarrisTechnologiesInc,withsharesup0.9175 billion, involving satellites to detect and destroy missiles [1] - The announcement has positively impacted L3Harris Technologies Inc, with shares up 0.9% to 232.99, marking the highest level since early December and a 20.4% increase over the last three months [2] - Lockheed Martin Corp shares are down 0.7% to 472.33,facingpressureatthe472.33, facing pressure at the 480 level, despite a 9% increase over the last three months [3] - RTX Corp stock is down 0.8% to 136.13afterreachingarecordpeakof136.13 after reaching a record peak of 138.82, but it has a 29.2% year-over-year lead and has gained over 17% in 2025 [4]