US-Iran war, March 9 -- The US defence stock and maker of the fifth-generation F-35 fighter jet, Lockheed Martin, was poised to open higher for the second day in a row on Monday, March 9.

The stock was poised to rise as the conflict in the Middle East showed no signs of abating, and amid a push for quadrupling defence production by US President Donald Trump.

In the pre-open trading, Lockheed Martin share price was up almost 2% after ending 2.56% higher on Friday. Since the beginning of the US-Iran war, the fighter jet maker's stock has gained over 2%, poised to extend gains for the fourth consecutive month. In the last year, Lockheed Martin stock has jumped 45%.

According to a report in Barron's, iShares US Aerospace & Defence exchange...