Lockheed Martin: Japan's Defense Budget - A Military Game Changer?
Lockheed Martin(LMT) Seeking Alpha·2024-01-19 19:12
Ken Ishii/Getty Images News With Japan aggressively expanding its military budget to counter threats from China, Taiwan, North Korea, and Russia, I believe Lockheed Martin (NYSE:LMT) is perfectly positioned to capitalize on over $8 billion in new defense contracts. I am bullish on Lockheed stock as these geopolitical tensions escalate, and I believe there's more upside to its stock price than current estimates imply. For these reasons, I rate Lockheed Martin as a compelling "Buy" in light of these devel ...