$RTX Corp(RTX)$ $Lockheed Martin(LMT)$ As global security threats mount and military budgets continue to climb, U.S. defense stocks have quietly lagged behind broader markets. Despite strong long-term fundamentals, shares of two of America’s largest defense contractors — RTX Corporation (formerly Raytheon Technologies) and Lockheed Martin (LMT) — have underperformed the S&P 500 so far in 2025. Now, with both companies set to report quarterly earnings this month, investors are watching closely to see whether defense is an overlooked value play — or if deeper operational and geopolitical risks justify investor caution. This article examines the competitive dynamics between RTX and Lockheed Martin, reviews
LMT Plunged on Sales Miss: More Pain Ahead?
Lockheed Martin slumped 6% as Q2 sales $18.16b miss $18.63b estimate Raytheon Technologies is down 2% after releasing its Q2 report. Second-quarter sales reached $21.6 billion, up 9% year over year.
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