NATO announces billions in defense deals. What investors should watch for now.

MarketWatch Tuesday 07 July 2026, 15:06 UTC By Nora Redmond 1 min read

Key Points

A number of major defense companies, including Rheinmetall and Lockheed Martin have announced billions of dollars worth of backlogs

A number of major defense companies, including Rheinmetall and Lockheed Martin have announced billions of dollars worth of backlogs [Image text:] NATO OTAN ANKARA SUMMITSOMMET 7-8VI2026 Defence Industry ANKA 7JULY 2026 NATO OTAN

NATO (ORG) Rheinmetall (ORG) Lockheed Martin (ORG)

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NATO announces billions in defense deals. What investors should watch for now.

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