LMT edges higher after Taiwan contract and Fujitsu tech pact
New York, Feb 2, 2026, 3:37 PM EST — Regular session underway.
Lockheed Martin shares gained 0.5%, reaching $637.50 in afternoon trading Monday, after dipping to a session low of $616 and peaking at $640.84. The broader market moved higher, with the SPDR S&P 500 ETF Trust climbing around 0.5% and the Invesco QQQ Trust up about 0.7%. Defense stocks showed mixed results: the iShares U.S. Aerospace & Defense ETF fell 0.4%, Northrop Grumman lost roughly 1.1%, while RTX edged up slightly.
The move comes as investors weigh the impact of Washington’s push to ramp up production on shareholder returns. Donald Trump has warned he might cut dividends and share buybacks if contractors don’t speed up weapons deliveries. Melius…
