Why Lockheed Martin Stock Popped Today

Key Points Lockheed Martin will triple Patriot missile production for the Pentagon. More missile sales means more revenue, and probably at higher profit margins. 10 stocks we like better than Lockheed Martin › Lockheed Martin (NYSE: LMT) stock is hopping Tuesday morning, up 3.6% through 10:50 a.m. ET after announcing a "landmark" contract to supply the U.S. Department of Defense with PAC-3 Missile Segment Enhancement (MSE) interceptor missiles -- also known as the "Patriot." Image source: Getty Ima ...