U.S. defense stocks rose on Friday after President Trump voiced support for more military aid to Ukraine. His remarks suggested a possible increase in U.S. weapons sales, and that prospect helped lift shares of major defense contractors.
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On the back of this news, Lockheed Martin (LMT) edged up 0.64%, RTX (RTX) advanced 1.77%, and Northrop Grumman (NOC) added 1.5%. Boeing (BA) also gained, climbing 3.62%. The rally followed Trump’s comments at the United Nations and his meeting with Ukraine’s leader Volodymyr Zelensky. In addition, a Washington Post report noted that Defense Secretary Pete Hegseth has called most of the U.S. military’s top commanders to a sudden meeting at a Marine Corps base in Virginia next week. While the agenda was not disclosed, speculation around the gathering added to the momentum behind defense stocks.
A New Stance on Ukraine
Trump previously pressed for a peace deal that would lock in Russian gains. However, after a recent meeting with Russian President Vladimir Putin and a surge in Russian strikes, Trump shifted course. He said Ukraine could win back lost ground with support from Europe and NATO. He described Russia as a “paper tiger,” which marked a sharp contrast to his earlier tone.
This turn may open the way for more U.S. weapons deliveries to Ukraine. That includes Patriot missile systems from RTX and Javelin anti-tank missiles from Lockheed Martin. The company also produces PAC-3, THAAD, HIMARS, and guided rocket systems that have been central to the conflict.
At the same time, NATO allies face renewed pressure from Trump to raise their defense spending. This would create further demand for U.S. equipment and expand the pipeline of sales for defense contractors.
Contracts Reinforce Outlook
The policy news comes alongside fresh U.S. contract awards. Boeing received a $125.58 million contract change for CH-47 helicopters. The deal runs through October 2030. Also, Lockheed Martin was awarded a $610 million contract adjustment tied to F-35 production. The order covers materials and parts for Lots 20 to 22 of the jet, with work scheduled through December 2030.
These awards strengthen long-term revenue for both companies, adding to a backlog of projects that extends well beyond this year. Together, Trump’s shift and the new deals underline steady momentum for U.S. defense names. Investors will now weigh the potential for higher sales against the risk of further policy changes.
Using TipRanks’ Comparison Tool, we’ve lined up and compared the defense stocks appearing in the piece and other notable ones. It’s a great way to gain a wider perspective on the defense industry, and on each stock separately.
