Defense Stocks in Focus as Lockheed Martin Stock Drops

Group 1: Lockheed Martin Corp (LMT) - Lockheed Martin's stock is experiencing a decline, down 5.4% to $451.30, following a U.S. Defense Department request for only 24 F-35 jets, a significant reduction from last year's forecast of 48 jets [1][2] - The stock is on track for a third consecutive daily drop and is trading below its 20-day moving average, with a potential support level at $440 [2] - Year-to-date, Lockheed Martin's equity has decreased by 6.5% [2] Group 2: Northrop Grumman Corp (NOC) - Northrop Grumman's stock is down 1.2% to $482.72, struggling to break through a resistance level at $500 [3] - The stock is testing support at its 20-day trendline but has a 12.3% gain over the last 12 months [3] Group 3: RTX Corp - RTX Corp's stock is up 1% to $139.84, following a price-target increase by Jefferies from $130 to $155 [4] - The stock had a record high of $141.12 before a slight decline and has gained over 20% year-to-date [4] Group 4: Options Activity - Lockheed Martin is seeing unusual options activity, with 13,000 calls and 6,763 puts traded, which is 2.5 times the typical daily volume [5] - The most active options contract is the July 520 call, followed by the January 2026 600-strike call [5]