Defense Contractors Raise Guidance Amid Strong Demand, No Direct Crypto Impact
Lockheed Martin, RTX, GE Aerospace, and Northrop Grumman have upwardly revised their 2025 financial guidance following robust Q3 earnings. Lockheed's CEO Jim Taiclet cited "unprecedented demand" for defense systems, driving increased production across divisions. The company now projects revenue of $74.25-$74.75 billion with EPS of $22.15-$22.35, exceeding analyst estimates.
RTX similarly lifted its full-year adjusted earnings forecast to $6.10-$6.20 per share on $86.5-$87 billion revenue, recovering from earlier tariff concerns. The defense giant's stock surged 9% as it manages a $251 billion backlog. Both companies emphasized investments in digital infrastructure and production scaling, though neither referenced cryptocurrency applications in their defense programs.
