Kratos Defense Surges Over 10%, While LMT, L3Harris, Other Defense Stocks Climb In Pre-Market: What's Going On? - Kratos Defense & Security (NASDAQ:KTOS)

Defense stocks such as Kratos Defense and Security Solutions Inc. (NASDAQ:KTOS) surged 10.10% while Lockheed Martin Corp (NYSE:LMT) and Rtx Corp. (NYSE:RTX) climbed 6.67% and 6.58%, respectively. U.S. and Israeli strikes on Iran and Tehran’s subsequent retaliation have triggered a rally in defense stocks, as investors anticipate a rise in defense spending due to the expected prolonged regional instability.Mideast War Fears Rock Oil MarketsThe conflict in the Middle East, which included the death of Iran's S ...