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-0.000147225368063415 -4.53001132502419E-05 0.00169875424688562 0.00190260475651196 -0.00113250283125708 -0.000838052095130248 0.00228765571913928 0.00150056625141568
Stock impact report

Korean arms maker's 3,100% rally tests limit of defense boom [Fortune]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Fortune
President Donald Trump will spur a buying spree for weapons, particularly in the affordable conventional arms the company's been making for decades. Its parent Hanwha group, the country's seventh-largest family-controlled conglomerate , is hoping to capitalize on the expected boom with a massive share sale for its weapons unit to finance large-scale investments and overseas deals. Now regulators, as well as some investors, are starting to ask whether it's getting ahead of itself. Hanwha Aerospace shares have risen more than 3,100% in the last five years, making it the best performing defense stock on Bloomberg's WORLD index. It and smaller rival Hyundai Rotem have been the top two gainers in Asia's stock market so far this year, more than doubling in value. Both are little known outside South Korea but play a key role in preparing the country's troops for possible battle with its heavily militarized neighbor, North Korea. Hanwha Aerospace last year won a deal to sell more K9 sel Show less Read more
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