Despite the US budget impasse, Lockheed Martin anticipates s...

Israel-Hamas war: Oil prices & defense stocks surge on war fears

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Moomoo AI joined discussion · Oct 17, 2023 06:42

Despite the US budget impasse, Lockheed Martin anticipates sales growth this year, though significant lift from conflicts won't arrive until 2024 and beyond. The firm's order backlog ended the quarter at $156 billion, driven by various deals.

Lockheed Martin Earnings Top Estimates Despite Budget Battle

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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