Lockheed Martin Pops as Traders Price a Bigger Defense Spend Cycle

Lockheed Martin Corporation (NYSE:LMT) stock surged dramatically in premarket trading on Thursday, January 8, 2026, jumping 7.77% to $535.22 as of 8:12 AM EST. The rally comes after President Donald Trump announced plans for a massive $1.5 trillion defense budget for 2027, a 50% increase from the previously planned $1 trillion. Trump described this as necessary to build a "Dream Military†that will keep America "SAFE and SECURE, regardless of foe,†according to his Truth Social post late Wednesday. The announ ...