Lockheed Martin Corporation: Our Top Pick in the Defense Contracting Space

Trending News ☀️

Lockheed Martin($NYSE:LMT) Corporation is our top pick in the defense contracting space. Its large backlog, stellar free cash flow generating abilities, strong forward-looking dividend coverage, resilient business model, and exposure to attractive spaces of the national defense and space economies make it a strong choice for investors looking to capitalize on rising geopolitical tensions. Lockheed Martin is well positioned to weather any potential market or earnings challenges in the long term and continue to generate shareholder value.

Share Price

On Friday, Lockheed Martin stock opened at $438.5 and closed at $440.0, up by 0.2% from prior closing price of 439.4. The company is a leading provider of advanced technology products, services and systems to government and commercial customers worldwide. Its products and services include aircraft, missiles, electronic systems, information systems, space systems and ground vehicles. Lockheed Martin has a strong track record of delivering high-quality products and services to its customers. the company is well positioned to continue its growth momentum in the coming years.

VI Analysis

Based on the VI Star Chart, LOCKHEED MARTIN is strong in dividend, profitability, and weak in asset, growth. The company’s fundamentals reflect its long term potential. LOCKHEED MARTIN is classified as ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. Dividend paying companies are deemed less risky as they pursuit growth at a sustainable rate. LOCKHEED MARTIN has a high health score of 7/10 considering its cashflows and debt, is capable to safely ride out any crisis without the risk of bankruptcy.

Summary

The company is a leading global aerospace and defense contractor with a strong track record of delivering for its customers. Lockheed Martin has a large and diversified customer base that includes the U.S. Department of Defense, U.S. government agencies, foreign governments, and commercial customers. The company has a strong competitive position in its core businesses of aircraft, missiles, and defense systems. Lockheed Martin has a long history of delivering for its customers and shareholders. The company has a strong track record of executing on its commitments and delivering value for its shareholders. Lockheed Martin has a diversified business portfolio that gives it exposure to different areas of the defense contracting market. The company has a strong competitive position in each of its businesses. Lockheed Martin is a well-managed company with a disciplined approach to capital allocation. the stock is attractively valued at current levels. Lockheed Martin is well-positioned to continue to generate strong returns for shareholders.