After pushing shares sharply higher on Monday, the stocks rose further in premarket trading. Lockheed Martin was up 1% after gaining 9% Monday. Northrop Grumman was up 1.5%, General Dynamics gained 0.6%, and L3Harris Technologies added 0.2%.
Hamas terrorists attacked Israel by air, land and sea on Saturday. Israel declared war and launched retaliatory strikes. The question for defense stocks now is what happens next in terms of the conflict escalating.
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Lockheed Martin, Northrop Grumman Stocks Notch Best Days In Years Amid Israel-Hamas ConflictI'm a New Jersey-based Senior Reporter on our news desk. I graduated in 2021 from Duke University, where I majored in Economics and served as sports editor for The Chronicle, Duke's student newspaper. Send tips at dsaulforbes.com.
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