Why Lockheed Martin Stock Soared Today

Key Points President Trump wants a $1.5 trillion defense budget. He also wants defense companies to spend more on weapons production, not dividends and stock buybacks. 10 stocks we like better than Lockheed Martin › President Trump announced Wednesday he wants to spend $1.5 trillion on defense: "For the Good of our Country ... our Military Budget for the year 2027 should not be $1 Trillion Dollars, rather $1.5 Trillion Dollars ... This will allow us to build the 'Dream Military' that we have long ...