On June 25, Lockheed Martin rose 3.05% in regular trading, trading at $510.36/share, with turnover of $185 million. The stock rallied as the White House submitted an $87.6 billion emergency funding request to Congress, including $21 billion earmarked for Department of Defense ammunition procurement and strengthening the U.S. industrial base.

The funding request comes amid ongoing U.S.-Iran military tensions that have strained American weapons stockpiles. On the same day, President Trump met with CEOs of Boeing, Lockheed Martin, and Honeywell at the White House to discuss accelerating munitions production. Trump praised defense companies for building new weapons factories and noted that automakers such as General Motors are entering weapons manufacturing to address idle capacity.

The catalyst builds on a series of recent developments boosting Lockheed Martin, including its collaboration with GM Defense to strengthen the domestic manufacturing base, a new partnership with Sentrycs on counter-drone technology for its Sanctum system, and multiple contract wins including a $514.4 million Air Force modification and a $153.9 million Navy contract for F-35 production materials.

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