Lockheed Martin Shares Decline Amid Major Defense Contract Wins

Lockheed US5398301094

In a surprising market development, Lockheed Martin Corporation experienced notable share price weakness despite securing two substantial international defense agreements. The defense contractor’s stock fell approximately 3% during Friday’s trading session, creating a puzzling scenario for investors who had anticipated positive momentum from recent contract announcements.

The United States government has authorized the potential sale of advanced fighter aircraft to Saudi Arabia, a significant policy shift that could benefit Lockheed Martin. President Donald Trump confirmed earlier this week that his administration would permit the transfer of up to 48 F-35 stealth jets to the Middle Eastern nation, with estimated contract values ranging between $5.3 billion and $5.7 billion.