Lockheed Martin (LMT) just reported its third-quarter results, posting $18.6 billion in revenue and $1.6 billion in net earnings. Shortly after, management announced a 5% dividend hike, lifting the quarterly payout to $3.45 per share. This marks the 23rd year in a row the company has raised its dividend.​ The company’s consistency isn’t new, but the timing of its latest move couldn’t be sharper. At the same time, global defense spending is set to climb to $2.69 trillion in 2025. That’s a 4.9% increase fro ...