RTX - Defense Stocks Lockheed And RTX Shot Higher When Russia First Attacked Ukraine Now They Struggle | Benzinga
When Russia attacked Ukraine in early 2022, defense contractor company Lockheed Martin Corp (NYSE: LMT) saw its stock spike nearly 40% between late December 2021 and February 2022. During that timeframe, RTX Corp (NYSE: RTX) rose by more than 25%.
Today, the scenario is different. Lockheed’s stock is down more than 6% year-to-date. RTX’s is down more than 17%.
Northrop Grumman Corp ...