China's Defense Budget Growth Slows in 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Source: CNBC
- Defense Budget Growth: China plans to increase its defense spending by 7% in 2025, marking the slowest growth rate since 2021, reflecting a cautious approach amid escalating conflicts in the Middle East and rising geopolitical tensions.
- Historical Growth Comparison: Over the past three years, China's defense spending has averaged a 7.2% annual increase, with 7.1% in 2022 and 6.8% in 2021, indicating a trend of stable growth, but the slowdown in 2025 may impact future military modernization efforts.
- Support for Modernization: China aims to accelerate the development of advanced combat capabilities and promote the
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Analyst Views on LMT
Wall Street analysts forecast LMT stock price to fall
12 Analyst Rating
4 Buy
7 Hold
1 Sell
Hold
Current: 671.770
Low
430.00
Averages
535.50
High
605.00
Current: 671.770
Low
430.00
Averages
535.50
High
605.00
About LMT
Lockheed Martin Corporation is a global aerospace and defense company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Its segments include Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of advanced military aircraft. MFC segment provides air and missile defense systems, manned and unmanned ground vehicles, energy management solutions, and others. RMS segment designs, manufactures, services and supports various military and commercial helicopters, surface ships, sea and land-based missile defense systems, and others. Its Space segment is engaged in the research and design, development, engineering and production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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