Lockheed Martin Rises 9% as Record Backlog Lifts Outlook; RTX Gains 2%, Northrop Grumman Advances 3%

Impact · against what's priced in

Lockheed Martin is the only name with a material catalyst, as its record $292B backlog and guidance raises provide the revenue acceleration and cash flow visibility the market had previously declined to pay for. RTX and Northrop Grumman saw price increases based on sector sentiment, but the news contains no company-specific data to change their individual valuation assumptions.

LMT+0.60

Challenges what's priced in

The price assumes