What is the Russell 1000 Dynamic Index that the stock joined?

The Russell 1000 Dynamic Index focuses on high-growth, high-volatility stocks rather than traditional value criteria.

Lockheed Martin Leaves Russell Value Indexes After Big Defense Wins

Lockheed Martin (NYSE:LMT) has been removed from several Russell value indexes following major U.S. defense contract wins, and added to the Russell 1000 Dynamic Index. The stock trades at $507.4 with a 12.5% one-year return.

June 29, 2026

2 min read

Source: Simply Wall St.

Key Numbers

current price

$507.4

one year return

12.5%

three year return

18.9%

five year return

52.2%

Lockheed Martin (NYSE:LMT) has been removed from multiple Russell value indexes after winning major U.S. defense contracts. The stock has been added to the Russell 1000 Dynamic Index, reflecting a change in how index providers classify the company.

Details of the Change

Exited indexes: Russell value indexes (e.g., Russell 1000 Value, Russell 2000 Value).
Entered index: Russell 1000 Dynamic Index.
Reason: Reclassification by the index provider based on growth and value characteristics.

Stock Performance

Lockheed Martin shares currently trade at $507.4, with a one-year return of 12.5%. Over three years, the stock is up 18.9%, and over five years, up 52.2%.

Context

The reclassification follows Lockheed Martin's significant defense contract wins, which boosted growth expectations and moved it out of the value category.

What This Means for Investors

The exit from value indexes may alter flows from index-tracking funds, but does not reflect a change in the company's fundamentals. Investors should monitor the stock's performance in its new index.

Frequently Asked Questions

Due to major U.S. defense contract wins, the index provider reclassified it as a growth stock rather than value.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.