Lockheed Martin Gains from Global Conflicts Despite Market Sell-off

Greenskeeper Asset Management, an independent firm specializing in disciplined value investing, released its Q1 2026 scorecard, revealing that the Middle East conflict caused a sharp stock market sell-off, resulting in a -8.1% return for the Greenskeeper Value Fund. Despite the challenging quarter, the report highlighted that Lockheed Martin Corporation (NYSE: LMT) was among the beneficiaries of geopolitical tensions.

Performance Details

The Greenskeeper Value Fund underperformed the broader market in Q1, posting a -8.1% return. The decline was primarily driven by the sharp drop in stock prices following the outbreak of the Middle East conflict, which affected most sectors.

Lockheed Martin's Advantage

Despite the overall market pressure, Lockheed Martin (LMT) benefited from increased defense spending linked to global conflicts. As one of the world's largest defense contractors, the company saw rising demand for its military systems and products, which helped support its stock price relative to the broader market.

Broader Context

The report did not provide specific details on how much Lockheed Martin benefited in terms of revenue or new contracts, but noted that major defense companies tend to perform well during periods of geopolitical instability. This comes amid rising tensions in the Middle East and other regions.

What This Means for Investors

These developments suggest that Lockheed Martin may remain an attractive option for investors seeking a relatively safe haven during turbulent times. However, the fund's own performance serves as a reminder that broader market conditions can affect all stocks regardless of fundamentals.