{
  "id": 16593014,
  "title": "Lockheed Martin will surge nearly 40% after new Pentagon deal, says Morgan Stanley",
  "url": "https://urgent.news/2026/10/26/lockheed-martin-will-surge-nearly-40-after-new-pentagon-deal-says",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T11:35:56.000Z",
  "source": {
    "name": "CNBC",
    "slug": "cnbc",
    "url": "https://www.cnbc.com/2026/10/26/lockheed-martin-will-surge-nearly-40percent-after-new-pentagon-deal-says-morgan-stanley.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "Lockheed Martin has entered into a framework agreement with the U.S. Department of Defense for fighter jet production, a move that CNBC reports should support the company's stock. According to Investing.com, the 10-year F-35 agreement maintains production at 156 aircraft per year, which analyst Kristine Liwag states will reduce downside risk and provide supply chain visibility.\n\nFollowing the agreement, Morgan Stanley upgraded Lockheed Martin from Equalweight to Overweight and increased its price target from $690 to $835. Investing.com notes that the company's Missiles and Fire Control sales grew 24% year-over-year in the third quarter of 2026, and the firm expects mid-teens growth over the next five years as missile production increases.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Morgan Stanley upgrades Lockheed Martin stock rating on F-35 deal",
        "url": "https://urgent.news/2026/10/26/morgan-stanley-upgrades-lockheed-martin-stock-rating-on-f-35-deal",
        "published": "2026-10-26T10:50:49.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}