The company reported higher fourth-quarter adjusted earnings and sales, with operating income up 17% and a substantial backlog of $95.68 billion. It issued 2026 revenue guidance of $43.5-$44 billion and adjusted EPS guidance of $27.40-$27.90. The company has recently outperformed sector peers, and analysts remain moderately optimistic. Geopolitical tensions following U.S. strikes on Iran are expected to increase global defense spending, which could benefit defense contractors.