Lockheed Martin Corporation (LMT)

In the past six months, Lockheed Martin's stock price has experienced some notable movements. As of May 7, 2026, the stock was down 18.37% over the past 30 days but up 8.72% over the past 12 months. The stock's price increased by 6.99% over the last 12 months, with a year-to-date return of 4.77%. However, in the past month, the stock decreased by 17.41%. A significant event impacting the stock was the release of its Q1 2026 earnings report on April 23, 2026, which led to a stock pullback due to missed analyst expectations. Despite disappointing Q1 results, management reaffirmed its full-year 2026 guidance. Lockheed Martin was also selected by the U.S. Space Force for work on the Space-Based Interceptor (SBI) program, and Cubic won a follow-on contract supporting Lockheed's F-35 training subsystems. In February 2026, the CEO and CFO were scheduled to speak at Citi's 2026 Global Industrial Tech and Mobility Conference.

The demand for Lockheed Martin's products and services is not explicitly described as having significant seasonality in the provided search results. The company's revenue is generated through long-term contracts, many of which are cost-plus or fixed-price, covering initial production to decades of follow-on maintenance and upgrades. This contract-based revenue model, heavily reliant on government spending and long-term programs, suggests a relatively stable demand profile rather than pronounced seasonal fluctuations tied to consumer cycles.

Lockheed Martin Corporation is an American defense and aerospace manufacturer headquartered in Bethesda, Maryland, operating primarily in the defense, aerospace, and security sectors. The company is divided into four divisions: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Its products include military aircraft, air and missile defense systems, military and commercial helicopters, and satellites. Lockheed Martin is also developing next-generation technologies such as hypersonic weapons and AI systems. Approximately half of the company's annual sales are to the U.S. Department of Defense, and over 70% of its revenue comes directly from the U.S. government.

Lockheed Martin has a significant global presence, with its headquarters in Bethesda, Maryland, and operates over 400 facilities globally, employing individuals in more than 70 nations. More than 100 nations rely on Lockheed Martin's products and technologies. The United States represents the largest portion of its revenue, accounting for approximately 71.56% to 73.94% in fiscal year 2025. Other significant regions for revenue include Asia Pacific, Europe, and the Middle East.

Lockheed Martin is recognized for its technological prowess and extensive range of defense and aerospace products and services, holding a dominant position in the global defense industry. Its business model is centered on being a prime contractor for advanced technology systems for military and government clients, built on strong, long-standing relationships with the U.S. government. The company also highlights its commitment to corporate social responsibility, including employing over 21,000 veterans, donating to veteran programs, supporting STEM education, and reducing its environmental footprint.

Lockheed Martin shares are primarily held by institutional investors, who collectively own about 75% of the company's shares. Major institutional owners include State Street Corporation, Vanguard Group Inc., and BlackRock, Inc. The top 10 institutional investors collectively own 43% of Lockheed Martin Corporation, with the top three holding about 31% of the company. Retail investors and insiders own approximately 25% of the company.