Lockheed, Boeing Eye Golden Dome Work
Lockheed Martin (NYSE:LMT) and Boeing (NYSE:BA) have signaled they'll play leading roles in President Trump's proposed $175 billion Golden Dome missile defense initiative, Reuters reports.
Warning! GuruFocus has detected 3 Warning Signs with LMT.
The programfirst unveiled in Januaryaims to deploy space-based interceptors and directed-energy weapons across a satellite constellation to detect and neutralize incoming threats, though early phases will lean on existing systems.
Lockheed's Tim Cahill highlighted PAC-3 missiles, THAAD interceptors and the C2BMC command-and-control network as directly aligned with Golden Dome's needs, while Boeing's Steve Parker noted the company's work on compact laser weapons and PAC-3 guidance seekers as foundational capabilities.
Major primes RTX (NYSE:RTX) and L3Harris (NYSE:LHX) also stand to benefit, alongside commercial players like SpaceX and Palantir (NASDAQ:PLTR), which bring satellite-launch and AI analytics expertise, and defense startup Anduril (private) with autonomous systems. Congress has discussed an initial $25 billion allocation within a broader $150 billion defense package, but funding remains uncertain amid legislative gridlock.
Why it matters: Early contract awards could lock in production ramps and strategic partnerships, giving front-runners a multiyear revenue runway.
This article first appeared on GuruFocus.
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