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Updated Feb. 28, 2022 8:46 am ET / Original Feb. 28, 2022 6:03 am ET
AEROSPACE AND DEFENSE Lockheed and Other Defense Stocks Jump as Germany Increases Military Spending By Rupert Steiner Updated Feb. 28, 2022 8:46 am ET / Original Feb. 28, 2022 6:03 am ET Order Reprints Print Article Lockheed Martin and other defense stocks jumped Monday after Germany announced plans to bolster its military strength, sinking €100 billion ($111 billion) into a fund.Lockheed Martin (ticker: LMT) was up 3.8% in pre market trading, General Dynamics (GD) increased 4%, Northrop Grumman (NOC) rose 4.5% and Raytheon Technologies (RTX) added 5.2%.
QHL is a supplier of components that require specialized manufacturing which it provides to Lockheed Martin to enable F-35 completion.
Although just a small part of a supply chain of hundreds of contractors, it is still worthy to note the role QHL plays on supplying parts to Lockheed Martin to enable the F-35 jet completion. imo
https://www.barrons.com/articles/lockheed-martin-defense-stocks-stocks-germany-military-spending-51646044728?siteid=yhoof2
QHL to jump in pre-market open. Lockheed and Other Defense Stocks Jump as Germany Increases Military Spending
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