Lockheed Martin Corp Stock Price Fluctuates

Lockheed Martin Corp’s stock price has closed below its 52-week high in recent trading sessions.

The company operates in the aerospace and defense sector, conducting research, designing innovative products, and providing integrated advanced technology services.

Industry Developments

• L3Harris has unveiled new long-range missiles, aiming to provide affordable mass options for the US military.
• The delivery of Patriot systems to Ukraine has been delayed, affecting Switzerland’s plans to receive the systems.

Government Funding

• The US Senate has approved a bill to cancel $9 billion in federal funding, including aid programs and media spending.