Lockheed Martin Corporation (LMT)

Lockheed Martin's stock has experienced some notable events and performance fluctuations in the past six months. The company announced reduced second-quarter earnings due to program-related charges, leading to a stock decline. In the first quarter of 2024, revenue increased, contributing to an upward trend in the stock. The company showed modest bottom-line growth in Q4 2023. Lockheed Martin declared a third-quarter 2025 dividend and completed its acquisition of Amentum's Rapid Solutions business. Lockheed Martin launched a scalable, layered defense system to counter small Unmanned Aerial System (UAS) threats. Lockheed Martin secured a $1 billion contract from the Air Force. Over the past year, LMT stock has seen periods of both rallying and retreat, with volatility remaining.

Lockheed Martin's demand is heavily influenced by government budgets and geopolitical events. Increased defense spending due to rising global tensions and a renewed focus on national security tend to favor Lockheed Martin, leading to increased demand for its defense solutions. The company's backlog indicates a consistent, long-term demand for its products and services. Geopolitical tension fuels revenue growth due to increased demand for defense and security solutions.

Lockheed Martin Corporation is an American defense and aerospace manufacturer operating in the defense, aerospace, security, and advanced technologies sectors. The company is divided into four divisions: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. A significant portion of Lockheed Martin's revenue comes from the U.S. federal government.

Lockheed Martin operates globally with its headquarters in Bethesda, Maryland, USA. The company has over 350 facilities worldwide and more than 13,000 active suppliers, including suppliers in every U.S. state and over 909 suppliers in more than 52 countries outside the U.S. Approximately 73.9% of its 2024 revenue was generated from the United States, with the remaining 26.1% from outside the U.S.

Lockheed Martin generally enjoys a strong brand reputation and market position due to its century-old legacy and expertise in delivering complex defense solutions. The company's commitment to sustainability and corporate social responsibility has also positively impacted its reputation. However, program-related charges announced in Q2 2025 could negatively impact the company's reputation for project management and cost control.

Lockheed Martin shares are primarily held by institutional investors, who collectively hold a combined 74% of the stock. Major institutional owners include State Street Corporation, Vanguard Group Inc., and BlackRock Inc. Individual insider shareholders also hold stakes, with James D. Taiclet being the biggest individual shareholder.