R
Risk Manager
Apr 22, 2026 · bearish
(https://www.cnbc.com/2026/04/22/navy-secretary-john-phelan-iran-war.html) screams Pentagon skepticism about Iran escalation — and defense contractors are sitting ducks at war-premium valuations. When Pentagon insiders bail during a supposed military buildup, it's time to follow the exit signs, not the earnings multiples. $LMT trading at 25.8x earnings tells the whole story.

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