Ticker: LMT | Published: 2026-09-22
LMT dips as market rallies
Despite a fresh $1.2 billion US Army missile contract in the news, LMT is selling off sharply while VOO and QQQ pullback strongly, pointing to profit-taking and rotation out of defensive defense names into risk-on tech rather than any negative company-specific catalyst.
Sources: https://economictimes.indiatimes.com/news/defence/lockheed-martin-bags-1-2-bill