Defense stocks are sliding despite ongoing global tensions. Bob Lang says names like Lockheed Martin (LMT), RTX Corp. (RTX), and Northrop Grumman (NOC) are underperforming the broader market, even with strong spending tailwinds. Political uncertainty and slower AI adoption are weighing on sentiment, while L3Harris (LHX), General Dynamics (GD), and GE Aerospace (GE) stand out as relative bright spots. George Tsilis discusses an options trade for Lockheed Martin.