$LMT began scaling the world’s most expensive weapons program

Lockheed Martin began scaling the world’s most expensive weapons program back in 2013. A nice match with Palantir? Isn't it? ;)

Since 2013, LMT has been on a long-term upward trajectory - marked by consistent higher lows and major consolidation zones.
But here’s what most people don’t ask:
Why 2013? Why then?

The Real Catalyst: F-35 Lightning II

That single event? It triggered:
→ Full-rate production across the U.S. and allied nations
→ Huge visibility into long-term defense revenues
→ Global adoption (UK, Israel, Japan, Australia…)

Look closely at the chart and you’ll see:
→ Key support zones (red lines) from $430–$450
→ Massive consolidation in 2017–2020 and again 2022–2024
→ A textbook bullish structure on the weekly time frame
Price is sitting at ~$469. If this support holds… we may be at the start of the next leg up.
This wasn’t just a product launch. It was a multi-decade defense bet. And it paid off.

Post-2011 U.S. defense budgets started climbing again.
And where did that money go?
→ Aerospace
→ Missile defense
→ Cybersecurity
All categories where Lockheed Martin dominates.

Major wins that anchored the trend
From 2013 to today:
→ Multi-billion dollar Pentagon F-35 contracts (Lot 6 to Lot 17 — $18B in 2023 alone)
→ International THAAD defense system deals
→ Long range hypersonic weapon delivery
→ Space wins via NASA’s Artemis program
Each of these was a fundamental “trust” signal to the market.