Sirens sounded in Israel as Iran launched dozens of ballistic missiles in retaliation for Israel's strikes on its nuclear facilities.

Tensions between Israel and Iran are escalating amid an already volatile Middle East, raising fears of a broader and more dangerous conflict.

While Lockheed Martin offers an appealing valuation that may attract value investors in the defense industry, it also reveals various operational and financial vulnerabilities that pose inherent risks.

Israel has launched Operation Rising Lion against the Islamic Republic of Iran's nuclear enrichment sites, ballistic missile procurement facilities, and target

"This confrontation will not end with last night's limited actions and Iran's strikes will continue, and this action will be very painful and regrettable for the aggressors," Fars reported, citing senior military officials.