What Happened
Defense Giant Seeks Cash Conversion Amid Strong Orders
Lockheed Martin Corporation has secured a significant $58.6 billion PAC-3 contract, but its shares have lagged behind the surge in missile demand. The company has raised its 2026 sales outlook and free cash flow projections, and analyst consensus has moved to Overweight from Hold. Despite this, the stock’s performance has been modest, with a 0.9% increase over the week. This development was reported by Unknown Source.