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Lockheed Martin Stock Rises Despite Poland Canceling Black Hawk Deal
Lockheed Martin Stock Rises Despite Poland Canceling Black Hawk Deal
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Lockheed Martin (LMT) shares edged 0.3% higher in pre-market trading even as Poland terminated negotiations for 32 S-70i Black Hawk helicopters. The Polish Armament Agency cited shifting priorities toward drones, tanks, and communication systems, reflecting battlefield lessons from the Ukraine conflict.
The defense contractor's resilience underscores its diversified portfolio and NATO-aligned growth prospects. While the canceled order represents a short-term setback, Lockheed's technological edge in aerospace maintains its strategic position amid global defense spending surges.
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