YahooAugust 18, 2026 at 3:26 PM NY17 days ago
RTX, Lockheed, and 7 More Stocks to Consider as Missile Production Rockets Higher
Coming into Tuesday trading, shares of 10 major defense contractors Barron’s looked at—including Lockheed Martin Northrop Grumman Huntington-Ingalls Industries and others—were down an average of 17% since fighting started in Iran. Only RTX and General Dynamics were up. U.S. defense spending is at a record high, European defense spending is growing, and the Iran war is teaching the American military how to build more autonomous weapons systems and smart munitions.
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