Added to YB: 2024-07-22
Pitch date: 2024-07-19
LMT [bullish]
Lockheed Martin Corporation
+5.32%
current return
Author Info
Pari Passu is a Private Equity investor at a major hedge fund who writes about anything they find interesting in investing. Sign up for the newsletter.
Company Info
Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.
Market Cap
$102.2B
Pitch Price
$455.98
Price Target
N/A
Dividend
3.12%
EV/EBITDA
16.01
P/E
24.71
EV/Sales
1.65
Sector
Aerospace and Defense
Category
N/A
PP: Lockheed Martin Deep Dive
LMT: Leading A&D firm, 4 segments: Aeronautics (40% sales), Missiles (18%), Rotary (25%), Space (17%). Strong backlog, geopolitical tensions boost outlook. Challenges: tech innovation, global complexities, program costs. F-35 deliveries revised down to 97 for 2023. Major Australian defense contract win. $110B market cap, ranked 110th globally.
Read full article (12 min)