Hasn’t hurt their stock.
==Why Shares of Lockheed Martin Rocketed 11.1% Higher in April
A strong first quarter established Lockheed Martin as the prime operator among defense contractors.==
Lou WhitemanLou Whiteman (TMFeldoubleu)
May 3, 2019 at 10:21PM
What happened
Shares of Lockheed Martin (NYSE:LMT) climbed 11.1% in April, according to data provided by S&P Global Market Intelligence, after the company produced a blockbuster first quarter that confirmed the overall strength of its businesses.
So what
On April 23, Lockheed Martin reported first-quarter earnings of $5.99 per share on revenue of $14.3 billion, easily blowing past analyst expectations for $4.34 per share in earnings on revenue of $12.52 billion.
There was no weak link in the quarter. Every business unit inside Lockheed surpassed revenue expectations, led by missiles, up 40% year over year, and aeronautics, up $659 million from the year prior thanks to growing F-35 volumes.
https://www.fool.com/investing/2019/05/03/why-shares-of-lockheed-martin-rocketed-111-higher.aspx