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Why Lockheed Martin stock surged 7% after Iran strikes
Lockheed Martin’s stock surged nearly 7% after its F-35 jets played a central role in coordinated U.S.-Israel strikes on Iranian military bases, an operation dubbed “Epic Fury.” This event highlighted the F-35’s advanced capabilities, including recently announced AI enhancements and real-time software updates to combat systems. The geopolitical tensions also boosted other defense contractors like RTX Corp and L3Harris Technologies.