Compare equities side by side
Stocks breaking to new annual highs
S&P 500 oversold value screener
Relative strength momentum leaders
Upcoming earnings dates & reports
Filter and sort all 500 stocks
Today's biggest gainers and losers
Visual sector performance
Lockheed Martin Corporation is a leading aerospace and defense contractor, primarily engaged in the development, production, and servicing of advanced technology systems, including military aircraft, missile systems, and space exploration vehicles. The company benefits from long-term contracts with the U.S. government and allied nations, providing a stable revenue base and significant barriers to entry due to the high costs and regulatory requirements of the defense industry.
Lockheed Martin generates revenue through government contracts, primarily with the U.S. Department of Defense, which account for over 70% of total sales. The company has strong pricing power due to its technological leadership and the critical nature of its products, which are often mission-critical for national security. Its competitive advantages include a robust R&D pipeline, a skilled workforce, and established relationships with government agencies.
Changes in U.S. defense budgets
New contract awards, particularly for major programs like the F-35
Technological advancements and successful product launches
Geopolitical tensions that increase defense spending
Potential cuts to defense spending due to budgetary constraints or political shifts
Technological disruption from emerging defense technologies and competitors
Increased competition from foreign defense contractors
Emerging technologies that could render existing products obsolete
High debt levels relative to equity, which could impact financial flexibility
Pension obligations that could strain cash flows if not managed effectively
low - Lockheed Martin's revenue is primarily driven by government contracts, which are less sensitive to economic cycles compared to consumer spending.
Moderate - While interest rates affect overall economic conditions, Lockheed Martin's financing costs are less impacted due to the nature of its contracts. However, higher rates could impact defense budgets indirectly through government fiscal constraints.
minimal - The company has strong cash flows and a solid balance sheet, reducing reliance on external credit.
value - Investors are drawn to Lockheed Martin for its strong cash flow generation and dividend yield, despite moderate growth prospects.
low - Historically, Lockheed Martin has exhibited lower volatility compared to the broader market, with a beta of approximately 0.9.