US Defense Contractors Stick to Forecasts Amid Tariffs Uncertainty
US defense contractors, including Lockheed Martin and Northrop Grumman, are maintaining their financial forecasts for 2025 due to the uncertainty surrounding US President Donald Trump’s tariffs. While RTX Corp expressed concern about potential losses from new levies on metals and China, the majority of major US defense firms reaffirmed their predictions. Lockheed Martin reported a … Read more