Lockheed Martin Shares Climb on Strong Q4, Record Backlog and Taiwan Sensor Deal
Defense giant Lockheed Martin reported better-than-expected fourth-quarter results, reaffirmed its 2026 outlook, and secured a key $328.5 million sensor contract for Taiwan's Air Force, driving its stock higher. Analysts point to a record $194 billion order backlog as a buffer, though questions linger about valuation and long-term budget dependencies.