Lockheed Martin LMT

Lockheed Martin is executing a significant expansion of its defense manufacturing capabilities, involving a multibillion-dollar investment to modernize over 20 facilities and tripling the production of PAC-3 missiles. This initiative is a response to overwhelming demands from ongoing conflicts in Ukraine and the Middle East. Despite facing a recent decline of 11.6% in shares over the past month, the company's stock remains competitively priced and is considered a key player in U.S. defense policy through its position in the Defense ETF. Prior successes in securing substantial contracts and partnerships have solidified Lockheed's role amidst increasing defense budgets, while its recent earnings report highlighted strong Q4 results and projections for robust future performance.