Lockheed Martin Intrinsic Value Calculator – LOCKHEED MARTIN Awarded $174.64M U.S. Navy Contract
December 15, 2023
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Lockheed Martin ($NYSE:LMT) is a publicly traded American aerospace, defense, security and advanced technologies company. The company is headquartered in Bethesda, Maryland and is one of the largest companies in the defense industry. The U.S. Navy has recently awarded Lockheed Martin a contract worth $174.64 million for upgrades to guided-missile destroyers. The contract will be instrumental in providing the destroyers with the necessary tools to meet mission capability requirements.
It’s a great testament to the capabilities of the company and its ability to provide high-quality products and services to its customers. Lockheed Martin is well-known for its expertise in developing cutting-edge technology, and this contract further cements its reputation for excellence.
Market Price
On Wednesday, the Department of Defense (DOD) announced that LOCKHEED MARTIN had been awarded a $174.64M contract to construct an unmanned surface vehicle (USV) for the U.S. Navy. This marks the company’s latest success in its ongoing effort to provide leading technologies and services for the nation’s defence forces. In response to the news, shares of LOCKHEED MARTIN opened at $453.0 on Wednesday and closed at $451.4. The stock price decline was likely the result of profit-taking by some investors, as well as the uncertainty of the company’s future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lockheed Martin. More…
| Total Revenues | Net Income | Net Margin |
| 67.69k | 6.97k | 10.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lockheed Martin. More…
| Operations | Investing | Financing |
| 7.48k | -1.8k | -4.56k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lockheed Martin. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 56.67k | 47.39k | 37.55 |
Key Ratios Snapshot
Some of the financial key ratios for Lockheed Martin are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.8% | -0.2% | 13.3% |
| FCF Margin | ROE | ROA |
| 8.6% | 60.8% | 9.9% |
Analysis – Lockheed Martin Intrinsic Value Calculator
At GoodWhale, we analyze the fundamentals of LOCKHEED MARTIN to bring our clients the investment insights they need to make informed decisions. Our proprietary Valuation Line has calculated the fair value of LOCKHEED MARTIN shares to be around $451.0. Now, the company’s stock is trading at $451.4, which is a fair price according to our analysis. More…
Peers
The U.S. Department of Defense (DoD) spends billions of dollars on weapons systems each year. Major weapons systems contractors compete for these funds. The competition among these companies is fierce. The companies must not only offer the best products, but they must also be able to demonstrate to the DoD that their products are superior to those of their competitors.
Lockheed Martin Corp is one of the largest weapons systems contractors in the United States. The company’s main competitors are Northrop Grumman Corp, Ballistic Recovery Systems Inc, and LIG Nex1 Co Ltd.
– Northrop Grumman Corp ($NYSE:NOC)
Northrop Grumman Corp is an American aerospace and defense technology company with a market cap of 78.41B as of 2022. The company has a Return on Equity of 34.54%. Northrop Grumman Corp is a leading provider of aircraft, logistics, and technology solutions for the U.S. military, government, and commercial customers. The company’s products and services include aircraft, space systems, missiles, electronics, and technical services.
– Ballistic Recovery Systems Inc ($OTCPK:BRSI)
Ballistic Recovery Systems Inc is a world leader in the design, manufacture, and deployment of parachutes and other soft goods for the aerospace industry. The company has a market cap of 4.19M as of 2022 and a ROE of -159.06%. Ballistic Recovery Systems Inc is a publicly traded company on the Nasdaq Stock Market under the ticker symbol BRS.
– LIG Nex1 Co Ltd ($KOSE:079550)
LIG Nex1 Co Ltd is a South Korean defense company specializing in electronics and weaponry. It was founded in 1999 and is headquartered in Seoul. The company has a market cap of 1.87T as of 2022 and a Return on Equity of 14.92%. LIG Nex1 Co Ltd develops, manufactures, and supplies electronics and weapons products for the military, law enforcement, and commercial markets worldwide. The company’s products include radar systems, sonar systems, electronic warfare systems, communication systems, navigation systems, and missile systems.
Summary
Lockheed Martin recently secured a contract with the U.S. Navy worth $174.64M. This is a major boon for the defense giant and presents a potential opportunity for investors to benefit from the company’s growth. Lockheed Martin is known to be a leader in defense solutions, manufacturing various aircraft, missiles, satellites, and space vehicles. The company has established strong relationships with the U.S. government and other international entities, which can provide a steady stream of revenue.
Lockheed Martin also has a diversified portfolio of products that should continue to perform in times of economic uncertainty. As the company continues to expand its operations and grow its customer base, investing in Lockheed Martin appears to be a strong opportunity for those seeking to benefit from the company’s success.
