Lockheed Martin and Boeing Benefit From Saudi Bonanza

Lockheed Martin and Boeing stock rose in early premarket trading Monday after both companies were seen walking away as winners from the weekend's Saudi deals bonanza.
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Lockheed Martin (LMT) - Get Reportand Boeing (BA) - Get Report  stock rose in early premarket trading Monday after both companies were seen walking away as winners from the weekend's Saudi deals bonanza, which saw president Donald Trump and representatives for American companies inking more than $350 billion of deals.

Lockheed won contracts worth around $28 billion during the state visit, which will see Saudi Arabia buying air and missile defence equipment from it, along with navy ships, aircraft and helicopters.

READ MORE: Lockheed and Boeing Rise in Premarket Following Saudi Deals Bonanza

This article was written by a staff member of TheStreet.