Defense

Defense Contractors Line Up for ‘Golden Dome’ Bonanza

By David Moore,

Published on Jul 14, 2025   —   3 min read

Revolving DoorLockheed MartinBoeingGolden DomePentagon budget
President Donald Trump speaks alongside Secretary of Defense Pete Hegseth in the Oval Office on May 20, 2025. President Trump announced his plans for the "Golden Dome," a national ballistic and cruise missile defense system. (Chip Somodevilla/Getty Images)

Summary

Lockheed Martin and Boeing are touting their products to be part of President Trump’s missile defense project, angling to join rumored favorites SpaceX and Palantir.

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President Trump’s proposal for a “Golden Dome” missile defense shield has been bestowed an initial $25 billion in funding, despite objections from defense experts that the plan is both exorbitantly costly and infeasible against intercontinental ballistic missiles. The reconciliation bill passed by Congress included the funding for planning of “next generation missile defense technologies” including space-based interceptors and systems to target missiles in their boot phase.

The estimated costs of the Golden Dome reach eye-watering sums—and giant defense contractors like Lockheed Martin are angling for a piece, touting their product lines as part of the sprawling project.

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