“Ongoing Geopolitical Uncertainties”: Lockheed Martin Raises Full-Year Forecast on Strong Weapons Demand
July 23rd, 2023Via: Reuters:
U.S. weapons maker Lockheed Martin on Tuesday raised its annual profit and sales outlook on strong demand for military equipment stoked by ongoing geopolitical uncertainties.
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Defense companies in the U.S. have been successful in translating demand for air defense systems, missiles and other weapons into orders, triggered by the war in Ukraine and increasing tension in U.S.-China relations.
