President Donald Trump's $1.5 trillion budget request (comprising a $1.15 trillion base request and $350 billion in reconciliation) for 2027 is exciting defense industry investors, including those in Lockheed Martin (NYSE: LMT). It builds on the $1 billion enacted for 2026 and nearly $900 billion in 2025, and includes many elements (missiles, fire control, space and missile defense, and aeronautics) that are highly likely to improve the company's burgeoning backlog. Does that mean Lockheed Martin is now a ...