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(Bloomberg) -- Last summer, about 80 government officials and industry executives gathered in Washington to answer a key question: How would the US aluminum supply chain hold up in the event of a major global conflict?Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallSpaceX’s AI Splur

The DOD tapped Lockheed Martin, Northrop Grumman to accelerate Patriot, THAAD production. Anduril looks to build unmanned boats.

Northrop Grumman signed two agreements totaling $3 billion to speed up production of missile interceptors.

A weekly roundup covering Magnificent Seven earnings, Fed rate pauses, U.S.-Iran tensions, and MarketBeat analysts' takes on stocks including Microsoft, Alphabet, Broadcom, Tesla, and UnitedHealth.

(Bloomberg) -- The Pentagon is accelerating defense production with multiyear mega contracts as the Trump administration seeks to enhance the armed forces and the Iran war intensifies demands on a dwindling US weapons stockpile.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainUS Intercepts Iran Attack on Bases, Puncturing Days of CalmAppl

The Army modified its contract with Lockheed Martin to step-up production; the final cost will depend on congressional funding.

General Dynamics (GD) reported fiscal second-quarter results ahead of Wall Street estimates and incr

General Dynamics has managed to avoid much of the defense stock pain that came after fighting began in Iran. Wall Street was looking for earnings per share of $3.96 from sales of $13.5 billion. Operating profit margin was 10.4%, up 0.4 percentage point year-over-year.

RTX and Lockheed Martin topped Q2 earnings estimates and grew their backlogs to record levels, sending both defense stocks higher as the Iran conflict reignites investor interest.

Lockheed Martin, Northrop Grumman, and RTX posted record backlogs and raised guidance this week, driven by both near-term missile defense demand and long-term military modernization programs.

Lockheed Martin highlights record backlog, munitions growth and defense technology investments as it raises 2026 guidance.

NEW YORK, July 24 (Reuters) - Defense tech firm Anduril is in discussions with investors for a new funding round that could see ‌it valued at roughly $100 billion, rivaling companies such as Northrop Grumman and Lockheed Martin, ‌two sources familiar with the matter told Reuters. The funding round and the valuations, reported here for the first time, ​are still fluid, the sources said.

By Cassell Bryan-Low LONDON, July 24 (Reuters) - As U.S. defence companies descended on Britain's Farnborough Airshow this week hoping to tap Europe's military spending boom, they encountered

Moby summary of Lockheed Martin Corporation's Q2 2026 earnings call

Lockheed Martin (NYSE:LMT) reported what executives described as a strong second quarter of 2026, citing a record backlog, higher sales, improved earnings and a significant rebound in free cash flow. The defense contractor also raised its full-year outlook across key financial metrics, pointing to a

Lockheed Martin Corp (LMT) reports a record $230 billion backlog and significant financial growth, raising its 2026 guidance amid strong demand and strategic investments.

Lockheed Martin stock rallies on blockbuster Q2 earnings and raised full-year guidance. Options pricing suggests continued gains ahead in LMT shares.

WASHINGTON, July 23 (Reuters) - The world's two biggest defense contractors, Lockheed Martin and RTX, said on Thursday they expect strong profits going forward because a wave of global conflicts from Iran to Ukraine has depleted Pentagon ‌stockpiles that will need replenishing. Investors cheered the news, pushing shares of Lockheed up 10.

While Q2 earnings are mostly robust and Jobless Claims tick near 60-year lows, pre-markets are tumbling on hostilities in the Middle East.

Shares of Lockheed Martin and RTX are surging premarket after both companies reported swelling order books driven by strong demand for military hardware. Defense contractor Lockheed Martin lifted its full-year estimate of sales, per-share earnings and free cash flow as its book of orders for jets, missiles and other military products hit a record $230 billion.

The defense contractor posted $20.1 billion in quarterly sales and now projects free cash flow of more than $7 billion for the year

Lockheed Martin and RTX both rose more than 5% before the market open. Their stocks are taking very different directions.

Alphabet and Tesla shares fall as investors worry about a rally in oil prices that could drive inflation higher.

Investing.com -- Lockheed Martin Corporation (NYSE: LMT) reported second-quarter results that exceeded analyst expectations and raised its full-year outlook, sending shares up 7.3% premarket on Thursday.

Lockheed Martin delivered the beat-and-raise quarter the stock and the sector badly needed. The defense contractor reported second-quarter earnings per share of $7.94 from sales of $20.1 billion on Thursday morning. Wall Street was looking for earnings per share of $7.19 from sales of $19.3 billion.

For the full year, RTX now expects adjusted earnings between $7.10 and $7.25 a share, up from its previous forecast of $6.70 to $6.90.

July 23 (Reuters) - RTX raised its 2026 sales and profit forecasts on Thursday, betting on ‌sustained demand for commercial aircraft maintenance and military systems, as ‌airlines keep older jets flying and governments replenish weapons stockpiles. The Arlington, Virginia-based aerospace and defense ​company said its backlog rose 22% from a year earlier to $289 billion, including $170 billion in commercial aerospace orders and $119 billion in defense.

Today Earnings (a.m.): American Airlines, Blackstone, Lockheed Martin, Comcast, RTX, PG&E, T-Mobile Earnings (p.m.): Intel Central banks: The European Central Bank announces its interest-rate decision.

RTX (NYSE:RTX) is set to report its earnings on Thursday, July 23, 2026. The company has $261 billion in current market capitalization. Revenue over the last twelve months was $90 billion, and it was operationally profitable with $9.8 billion in operating profits and net income of $7.3 billion. While a lot will depend on how results stack up against consensus and expectations, understanding historical patterns might just turn the odds in your favor if you are an event-driven trader.

Two companies report earnings on the same morning, but retirement investors only have room for one. Before the opening bell on July 23, the gap between these two stocks tells a story worth understanding.