Lockheed Martin's strong earnings, raised guidance and a potential historic F-35 deal support its stock as the price presses toward a wedge breakout. Q3 EPS and sales exceeded estimates; the F-35 deal remains potential. x.com 

Applied Aerospace & Defense's record $1.13B backlog and sole-supplier role on 87% of its business make it much stronger than its chart looks. Q2 adjusted EBITDA rose 38.5%, and customers include SpaceX and Anduril. Jefferies named it one of its top small/mid-cap cyclical ideas with a Buy rating and $20 target, more than 80% above Wednesday's close. The falling-wedge trigger is $11.54. x.com 

Drone stocks fell in 2026 even as backlogs hit records: Ukraine turned aircraft into ammunition, and the Pentagon's 2027 request holds nearly $75B for drones and counter-drone. AeroVironment's reordered loitering munitions and Kratos's jet drones are highest conviction. Counter-drone names Ondas, Axon, Motorola Solutions, Safe Pro, DroneShield and Rheinmetall gain as threats grow, Unusual Machines from Chinese-parts bans. Primes bury drone exposure; pure plays may not convert backlog. x.com  … Show more

Lockheed Martin looks like a really great opportunity in defense, with orders outpacing deliveries at a reasonable valuation. Its backlog is a record $230B, almost 3x expected 2026 revenue, after $65B of new Q2 orders. Q2 sales grew 11% to $20.1B, and management raised free cash flow guidance to over $7B for 2026. It trades at about 18-19x 2026 earnings, reasonable for a sector leader; the next few weeks are about finding an entry point. x.com 

Lockheed Martin is a strong geopolitical diversifier alongside the energy complex for investors heavily long semiconductors. It landed a Pentagon deal for 850 F-35 jets and raised its annual forecast; the multi-model signal has been long since October 16. x.com 

Defense contractors such as Lockheed Martin and RTX always dump the day peace headlines land, because the conflict buildup was the trade. Explanations about how Patriot and THAAD performed, as @HyperTechInvest suggests, are what people tell themselves afterward. x.com 

RTX's roughly $51 billion in recent multi-year missile deals and expanding backlog support a bullish setup. Backlog reached $289 billion last quarter, up 22% year over year, and management raised full-year sales, EPS and free cash flow guidance. The trigger is $193.90, with chart targets of $197.35, $200.41 and $202.67. x.com 

Lockheed Martin is the straightforward defense buy, with a 3.2x book-to-bill. The stock fell last quarter because capex rose to meet very high demand, a dumb reaction. @kaizen_cap adds that money from awarded contracts flows over multiple years, so peak awards and revenue recognition may come in 2027-2028 even with a flat budget. x.com  x.com 

Legacy defense primes such as Lockheed Martin, RTX and Northrop Grumman are losing work as counter-drone contracts go to newer software-defined systems. The US deployment of Anduril's counter-drone system for homeland defense shows a company that did not exist a decade ago doing what legacy air-defense primes used to own outright. The trade is that reallocation inside flat-to-modest budgets, not the budget number itself. x.com 

Lockheed Martin is cheap against its earnings, trading at 22x trailing and 18x next year's, versus the 24x aerospace and defense suppliers usually get. At 24x next year's $32.72 EPS, give or take 12%, fair value runs $690.97 to $879.42, so the stock sits 15% below where fair value starts. This is a valuation read on reported earnings and estimates only, not fundamental work. x.com