🚨 THE IRAN WAR IS GENERATING BILLIONS FOR DEFENSE STOCKS Lockheed Martin $LMT stock rose 7% after crushing Q2 earnings and raising its full-year guidance. 🟢 Revenue: $20.1B vs Est. $19.4B, +11 YoY 🟢 EPS: $7.94 vs Est. $7.23 🟢 Net income: $1.84B 🟢 Backlog: $230.4B, +38% YoY Every business segment grew with missile demand driving most of the acceleration • Missiles and Fire Control: +20% • Aeronautics: +9% • Rotary and Mission Systems: +8% • Space: +6% Rising global conflicts are boosting profit outlooks, as the Pentagon moves to restock missiles and other critical defense weapons. Lockheed recently received a seven-year contract worth up to $35B to quadruple production of THAAD missile interceptors. It is also preparing to increase annual PAC-3 production from roughly 600 missiles to 2,000. Governmenets a rebuilding their missile inventories and a $230B backlog now represents almost three years of Lockheed’s projected revenue. Limitless traders see a 72% chance $LMT closes green today after smashing earnings: 🟢 Market: The only question is how quickly Lockheed can build everything governments have ordered.