LOCKHEED MARTIN CORP LMT 70.46
Industrials · NYSE · Data as of 2026-10-22
LOCKHEED MARTIN CORP (LMT) has delivered +4.9% annualized revenue growth, +5.0% earnings growth, and +5.0% dividend growth over 10 years of data. Ranked #251 of 1968 stocks overall and #59 of 442 in the Industrials sector by Steady Score.
About LOCKHEED MARTIN CORP
Company Overview
Lockheed Martin develops and manufactures defense, aerospace and security systems. Products include combat aircraft, missiles, air and missile defense, helicopters, satellites, sensors and mission software. The United States government is the largest customer, with additional sales to allied governments. Its systems support military aviation, space, naval, land and strategic missions, often through long-term programs.
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Business Model & Revenue
Revenue is earned under fixed-price and cost-reimbursement contracts for development, production, sustainment and services. Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space comprise the business. Backlog supports multi-year activity, while revenue is often recognized as work progresses. Program estimates, production volumes, supply chains, contract incentives and government appropriations determine profitability.
Key Facts & Market Position
The F-35 program is a major source of revenue and connects aircraft production with decades of sustainment. Other franchises span missile defense, tactical weapons, helicopters and national-security space. Classified expertise, cleared personnel and specialized facilities create demanding entry requirements, while customer concentration and performance on large contracts expose the company to political and execution risk.