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Lockheed tops defense stocks as rally marches on; Cowen raises PT to $435

Mar. 21, 2022 2:55 PM ETLockheed Martin Corporation (LMT) Stock, ITAPPA, GD, NOC, AVAV, HII, XAR, DFEN, FITE, LHX, RTXBy: Carl Surran, SA News Editor25 Comments

Ballistic launch rocket

Alexyz3d/iStock via Getty Images

U.S. defense contracting stocks led by Lockheed Martin (NYSE:LMT +3.3%) are in rally mode as Russia's invasion of Ukraine shows no signs of easing.

Other notable gainers in Monday's trading include HII +3.5%, NOC

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