A Lights-Out Showing in Iran Bodes Well for This Defense Stock

President Trump’s assault on Iran is the largest, most ambitious military campaign the United States has undertaken since the Iraq war two decades ago.

We all know military technology has come a long way since then, but now we’re finally getting to see it in action.

The early results have been inspiring. with advanced weapons systems proving to me more than up to the task.

Take the F-35, for example.

Since its inception, the F-35 has been blasted by critics for cost overruns and production delays.

But now that it finally has the chance to display its full capabilities, no one is complaining.

Israel was actually the first country to use the F-35 in combat back in 2018, but its deployment was largely confined to airstrikes.

Well, this week we saw what the F-35 could do in a dogfight when it downed an Iranian Yak-130 jet over Tehran.

It’s the first time the F-35 has ever been used to eliminate a manned fighter, and the first time since 1985 that an Israeli jet downed an enemy craft.

The British Air Force has deployed the F-35 as well. The U.K. received its first F-35 jets in 2012. But last week marked the first time that a RAF F-35 destroyed a target in combat operations when the joint strike fighter intercepted multiple Iranian drones over Jordan.

It’s a clear moment of vindication for Lockheed Martin (NYSE: LMT), which generates as much as 30% of its revenue from the F-35.

The company already maintains 1,300 F-35 aircraft worldwide, after delivering a record 191 to buyers in 2025.

More buyers will undoubtedly be lining up to bolster their jet fleets, and the action the F-35 is currently seeing will inevitably result in a higher demand for maintenance orders.

In fact, the Pentagon is already looking to invest long term in the production of key munitions, with a specific focus on spare parts and ammunition to ensure the F-35’s readiness.

Now, a strong showing in this conflict could further goose demand, further fueling Lockheed’s earnings.

And that’s not all.

Lockheed Martin’s long-range Precision Strike Missiles (PrSM) are making their debut in Iran as well.

The specific targets struck by PrSM have not been disclosed, but they were deployed in the initial Feb. 28 assault on Iran, and U.S. Central Command (CENTCOM) is already giving them rave reviews.

The PrSM is a surface-to-surface weapon — in this case being launched from a High-Mobility Artillery Rocket System (HIMARS).

It was designed to replace Lockheed’s MGM-140 Army Tactical Missile System (ATACMS).

It’s a major step up in terms of range, as PrSMs are capable of hitting targets 500 kilometers away, compared with a maximum range of 300 km for the ATACMS (an improvement of roughly 125 miles).

This will be another major catalyst for future sales. Not only is the PrSM proving effective, but draining its supplies will necessitate more orders from the Pentagon.

This is key because the U.S. military was already low on missile inventories and the war with Iran will further exacerbate that shortage.

That’s a major boost for Lockheed Martin, which also makes interceptors for the Patriot and THAAD missile defense systems.

In fact, it’s already struck deals with the Pentagon to expand production of those missiles with an aim of quadrupling their production.

Other major defense contractors like RTX — another major missile supplier — will benefit from this conflict, as well.

But if you want to really leverage global conflict and U.S. defense spending then you should check out my latest report on advanced anti-gravity technology that the Pentagon may or may not have.

It’ll blow your mind.