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Lockheed Martin edges higher after Trump floats possible new F-55 warplane, F-22 upgrade

ReutersMay 15, 2025 9:57 AM

Defense giant Lockheed Martin's shares LMT.N rise 1.5% to $456 premarket

U.S. examining possible development of twin-engined warplane to be known as F-55, as well as upgrade to its LMT-made F-22 Raptor called F-22 Super, President Donald Trump said

Trump referred to the proposed F-55 as both an upgrade to the LMT F-35 and a separate new development

As of last close, stock had fallen 7.6% YTD

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