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Why Lockheed Martin Stock Soared Today

The national security leader's defense systems are in high demand.

  • Lockheed Martin's stock surged 7% after reporting $292B contract backlog.
  • Q3 sales grew 11% to $20.7B, driven by F-35, Patriot, THAAD platforms.
  • CEO Jim Taiclet sees $81B in annual sales and $30.75 EPS by 2026.

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