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Lockheed Martin (LMT) Company Profile

Updated May 14, 2020
Lockheed Martin has the following business profile:
Company's Full Name:Lockheed Martin Corp.
Short Name:Lockheed Martin
Trading Ticker Symbol:LMT
Primary Exchange:NYSE
Headquarter City/Country:Bethesda, Maryland
Primary Industry Sector:Capital Goods
Seconday Sub-sector:Military Government and Technical
Main Business Areas: Capital Goods, Military Government and Technical, Industrials, Aerospace & Defense, S&P 500
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Lockheed Martin stock

Market and Trading Information for Lockheed Martin

The following details were available for trading and market data about the stock of Lockheed Martin as of writing:
Current Share Price:$356.28
Previous Year's Closing Price:$389.38
Percentage Price Change (YTD):-8.5%
Market Cap:$99.91 billion
52-week Price Range:$266.11 - $442.53
Dividend Per Share:$9.2
EPS (TTM):22.04
Price-Earnings (Trailing):16.17
Price-Earnings (Forward):13.46

Company Profile and Business Description for Lockheed Martin

Lockheed Martin Corporation, incorporated on August 29, 1994, is a security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of technology systems, products and services. The Company operates through four segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS), and Space Systems. The Company also provides a range of management, engineering, technical, scientific, logistics, system integration and cybersecurity services. Its main areas of focus are in defense, space, intelligence and homeland security. The Company serves both the United States and international customers with products and services that have defense, civil and commercial applications, with its principal customers being agencies of the United States Government.


The Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. The Aeronautics segment programs include F-35 Lightning II Joint Strike Fighter, which is an international multi-role, multi-variant, fifth generation stealth fighter; C-130 Hercules, which is an international tactical airlifter; F-16 Fighting Falcon, which is an international multi-role fighter; F-22 Raptor, which is an air dominance and multi-mission fifth generation stealth fighter, and C-5M Super Galaxy, which is an airlifter.

The Company's F-35 program consists of a development contracts, multiple production contracts and sustainment activities. The Aeronautics segment produces and provides support and sustainment services for the C-130J Super Hercules, as well as upgrades and support services for the legacy C-130 Hercules across the world fleet. The Company produces F-16 aircraft for international customers. It also provides service-life extension, modernization and other upgrade programs for its customers' F-16 aircraft. Aeronautics provides modernization and sustainment activities for the United States Air Force's F-22 aircraft fleet. The modernization program consists of upgrading existing systems requirements, developing systems requirements and adding capabilities, among others. The sustainment program consists of sustaining the weapon systems of the F-22 fleet, providing training systems, customer support, integrated support planning, supply chain management, aircraft modifications and heavy maintenance, systems engineering and support products.

The Aeronautics segment provides sustainment services for the existing the United States Air Force C-5 Galaxy fleet and modernization activities to convert 52 C-5 Galaxy aircraft to the C-5M Super Galaxy configuration. These modernization activities include the installation of engines, landing gear and systems and other improvements. As of December 31, 2016, it had delivered 41 C-5M aircraft under these modernization activities, including nine C-5M aircraft. In addition to the aircraft programs, Aeronautics is involved in advanced development programs incorporating design and prototype applications. Its Advanced Development Programs (ADP) organization, also known as Skunk Works, is focused on future systems, including unmanned aerial systems and capabilities for strike, intelligence, surveillance, reconnaissance, situational awareness and air mobility. It is also involved in various network-enabled activities that allow separate systems to work together. Aeronautics' customers include the military services and various other government agencies of the United States and other countries.

Missiles and Fire Control

The MFC segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support and integration services; manned and unmanned ground vehicles, and energy management solutions. Its programs include the Patriot Advanced Capability-3 (PAC-3) and Terminal High Altitude Area Defense (THAAD) air and missile defense programs; the Multiple Launch Rocket System (MLRS), Hellfire, Joint Air-to-Surface Standoff Missile (JASSM) and Javelin tactical missile programs; the Apache, Sniper and Low Altitude Navigation and Targeting Infrared for Night (LANTIRN) fire control systems programs, and the Special Operations Forces Contractor Logistics Support Services (SOF CLSS) program. PAC-3 is a defensive missile for the United States Army and international customers. THAAD is a transportable defensive missile system for the United States Government and international customers designed to engage targets both within and outside of the Earth's atmosphere.

The Company's MLRS is a mobile, automatic system that fires surface-to-surface rockets and missiles from the M270 and High Mobility Artillery Rocket System platforms produced for the United States Army and international customers. Hellfire is an air-to-ground missile used on rotary and fixed-wing aircraft, which is produced for the United States Army, Navy, Marine Corps and international customers. JASSM is an air-to-ground missile launched from fixed-wing aircraft, which is produced for the United States Air Force and international customers. Javelin is a shoulder-fired anti-armor rocket system, which is produced for the United States Army, Marine Corps and international customers.

The Apache fire control system provides weapons targeting capability for the Apache helicopter for the United States Army and international customers. Sniper is a targeting system for various fixed-wing aircraft and LANTIRN is a combined navigation and targeting system for various fixed-wing aircraft. Both Sniper and LANTIRN are produced for the United States Air Force and international customers. The SOF CLSS program provides logistics support services to the special operations forces of the United States military. MFC's customers include the military services, principally the United States Army, and various government agencies of the United States and other countries, as well as commercial and other customers.

Rotary and Mission Systems

The RMS segment provides design, manufacture, service and support for a range of military and commercial helicopters; ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defense systems; radar systems; the Littoral Combat Ship (LCS); simulation and training services, and unmanned systems and technologies. In addition, RMS supports the needs of government customers in cybersecurity and delivers communications and command and control capabilities through mission solutions for defense applications. The Company, through Sikorsky Aircraft Corporation (Sikorsky), designs, manufactures, services and supports military and commercial helicopters. Additionally, Sikorsky offers a range of aftermarket service and support solutions to commercial and military customers around the world.

RMS' programs include the Black Hawk and Seahawk helicopters manufactured for United States and foreign Governments; the Aegis Combat System serves as a fleet ballistic missile defense system for the United States Navy and international customers and is also a sea and land-based element of the United States missile defense system; the LCS, a surface combatant ship for the United States Navy designed to operate in shallow waters and the open ocean; the Advanced Hawkeye Radar System, an airborne early warning radar, which RMS provides for the E2-C/E2-D aircraft produced for the United States Navy and international customers, and the Space Fence system, a ground-based radar system for the United States Air Force.

RMS' programs also include the CH-53K development helicopter delivering heavy lift helicopter for the United States Marine Corps; the VH-92A helicopter manufactured for the United States Marine One transport mission, and the TPQ-53 Radar System, a sensor that locates and neutralizes mortar and rocket threats, produced for the United States Army and international customers. RMS' customers include the military services, principally the United States Army and Navy, and various government agencies of the United States and other countries, as well as commercial and other customers.

Space Systems

The Space Systems segment is engaged in the research and development, design, engineering and production of satellites, strategic and defensive missile systems and space transportation systems. Space Systems provides network-enabled situational awareness and integrates space and ground global systems to help its customers gather, analyze and securely distribute critical intelligence data. Space Systems is also responsible for various classified systems and services in support of vital national security systems. Space Systems' other programs include the Trident II D5 Fleet Ballistic Missile, the Orion Multi-Purpose Crew Vehicle (Orion), the Space Based Infrared System (SBIRS), the Advanced Extremely High Frequency (AEHF) system, Global Positioning System (GPS) III, the Geostationary Operational Environmental Satellite R-Series (GOES-R) and the Mobile User Objective System (MUOS).

The Company's Trident II D5 Fleet Ballistic Missile is a program with the United States Navy for the submarine-launched intercontinental ballistic missile. Orion is a spacecraft for the National Aeronautics and Space Administration (NASA) utilizing technology for human exploration missions beyond low earth orbit. SBIRS provides the United States Air Force with worldwide missile launch detection and tracking capabilities. AEHF system includes secure communications satellites for the United States Air Force. The Company, through AWE Management Limited (AWE) venture, operates the United Kingdom's nuclear deterrent program. GPS III is a program to modernize the GPS satellite system for the United States Air Force. GOES-R is the National Oceanic and Atmospheric Association's meteorological satellites. MUOS is a narrow-band satellite communication system for the United States Navy. Space Systems' customers include various the United States Government agencies and commercial customers.


ETFs Holding Lockheed Martin Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Lockheed Martin stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Lockheed Martin stock holding. There are a total of 184 ETFs in records which are holding Lockheed Martin stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
No. of
ACIMSPDR MSCI ACWI IMI ETFThe SPDR MSCI ACWI IMI ETF tracks a market-cap-weighted index of global stocks covering 98% of the capitalization of the developed and emerging markets. ...Full Details0.25%906
Full List
ACWIiShares MSCI ACWI ETFThe iShares MSCI ACWI ETF tracks a market-cap-weighted index of large- and midcap global stocks, covering 85% of the developed and emerging markets capitalization. ...Full Details ...Candlestick Patterns.0.32%1596
Full List
ACWViShares Edge MSCI Min Vol Global ETFThe iShares Edge MSCI Min Vol Global ETF tracks an index of large- and midcap global stocks selected and weighted to create a low volatility portfolio subject to constraints including sector exposure. ...Full Details0.2%426
Full List
CRBNiShares MSCI ACWI Low Carbon Target ETFThe iShares MSCI ACWI Low Carbon Target ETF tracks an index of stocks from global firms selected for a bias toward lower carbon emissions, but with tight constraints to the broad, marketlike ACWI index. ...Full Details0.2%1204
Full List
CSMProshares Large Cap Core PlusThe ProShares Large Cap Core Plus ETF tracks a long/short index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. ...Full Details0.45%320
Full List
DEFInvesco Defensive Equity ETFThe Invesco Defensive Equity ETF tracks an index that aims to outperform in down markets while maintaining upside potential. The equal-weighted index picks 100 US stocks using proprietary methods. ...Full Details0.6%101
Full List
DGROiShares Core Dividend Growth ETFThe iShares Core Dividend Growth ETF tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. ...Full Details0.08%449
Full List
DIVBiShares US Dividend and Buyback ETFThe iShares US Dividend and Buyback ETF tracks an index of large-, mid-, and small-cap US stocks that have a history of dividend payments and/or share buybacks. ...Full Details0.25%354
Full List
DLNWisdomTree US LargeCap Dividend ETFThe WisdomTree U.S. LargeCap Dividend Fund tracks a dividend-weighted index of the 300 largest US companies that pay regularly pay cash dividends. ...Full Details0.28%294
Full List
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List

See Full List of ETFs holding Lockheed Martin stock in their respective portfolios.

Peer / Competitor Companies of Military Government and Technical Sector

Along with Lockheed Martin Corp., the following other peer (competitor) companies also exist within the same Military Government and Technical - Capital Goods sector whose company profile and dividend history is as follows:

▶ AECOM (ACM): AECOM, incorporated on January 31, 1980, is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Companys segments include design and consulting services (DCS), ....See Detailed Company Profile,  Dividend History

▶ Aerojet Rocketdyne (AJRD): Aerojet Rocketdyne Holdings, Inc., incorporated on April 11, 2014, is a manufacturer of aerospace and defense products and systems. The Company operates in two segments: Aerospace and Defense, and Real ....See Detailed Company Profile,  Dividend History

▶ Air Industries (AIRI): Air Industries Group (AIRI), incorporated on July 9, 2013, is an aerospace and defense company. The Company manufactures and designs structural parts and assemblies that focus on flight safety, including ....See Detailed Company Profile,  Dividend History

▶ Astronics (ATRO): Astronics Corporation, incorporated on December 5, 1968, is a supplier of products to the aerospace, defense, electronics and semiconductor industries. The Companys products and services include electrical power generation, distribution ....See Detailed Company Profile,  Dividend History

▶ Astrotech (ASTC): Astrotech Corporation, incorporated on August 22, 1984, is a science and technology development and commercialization company. The Company invents, acquires and commercializes technological innovations sourced from internal research, universities, laboratories ....See Detailed Company Profile,  Dividend History

▶ CPI Aerostructures (CVU): CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. It also offers aero systems, suc....See Detailed Company Profile,  Dividend History

▶ Ducommun (DCO): Ducommun Incorporated, incorporated on April 10, 1970, is a global provider of engineering and manufacturing services for various products and applications used primarily in the aerospace, defense, industrial, natural resources, ....See Detailed Company Profile,  Dividend History

▶ Ecology and Environment (EEI): Ecology and Environment, Inc. (EEI) is an environmental consulting company. The Companys business segments include EEI and its subsidiaries located in the United States, Subsidiaries located in South America and ....See Detailed Company Profile,  Dividend History

▶ Elbit (ESLT): Elbit Systems Ltd. develops and supplies a range of airborne, land, and naval systems and products for defense, homeland security, and commercial aviation applications worldwide. The company offers mi....See Detailed Company Profile,  Dividend History

▶ ENGlobal (ENG): ENGlobal Corporation (ENGlobal), incorporated on June 22, 1994, is engaged in providing engineering and professional services to the energy industry. The Company operates through two segments: Engineering, Procurement and Construction ....See Detailed Company Profile,  Dividend History

▶ Fluor (FLR): Fluor Corporation (Fluor), incorporated on September 11, 2000, is a holding company. The Company operates its business in four segments: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Government, and ....See Detailed Company Profile,  Dividend History

▶ Grana y Montero (GRAM): Grana y Montero SAA is a Peru-based holding company primarily engaged in the four business areas: Construction and Engineering Industry, Real Estate, Oil Services, and Operation of Public Concessions and ....See Detailed Company Profile,  Dividend History

▶ Granite Construction (GVA): Granite Construction Incorporated, incorporated on January 24, 1990, is a heavy civil contractor and construction materials producer in the United States. The Company operates through three segments: Construction, Large Project ....See Detailed Company Profile,  Dividend History

▶ Great Lakes Dredge and Dock (GLDD): Great Lakes Dredge & Dock Corporation provides dredging services in the United States and internationally. It operates through two segments, Dredging, and Environmental & Infrastructure. The Dredging ....See Detailed Company Profile,  Dividend History

▶ Hill International (HIL): Hill International, Inc. (Hill), incorporated on April 2, 2004, is a professional services firm. The Company provides program management, project management, construction management, construction claims and other consulting services primarily ....See Detailed Company Profile,  Dividend History

▶ Jacobs Engineering (JEC): Jacobs Engineering Group Inc., incorporated on January 8, 1987, is a technical professional services company. The Company provides a range of technical, professional and construction services to industrial, commercial and ....See Detailed Company Profile,  Dividend History

▶ KBR Inc (KBR): KBR, Inc. (KBR), incorporated on March 21, 2006, is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The ....See Detailed Company Profile,  Dividend History

▶ Kratos Defense and Security (KTOS): Kratos Defense & Security Solutions, Inc., incorporated on July 7, 1997, is a technology, intellectual property and proprietary product and solution company focused on the United States and its allies ....See Detailed Company Profile,  Dividend History

▶ Mistras (MG): Mistras Group, Inc., incorporated on October 12, 1994, offers asset protection solutions and is a global provider of technology-enabled asset protection solutions used to evaluate the structural integrity and reliability ....See Detailed Company Profile,  Dividend History

▶ Orion (ORN): Orion Group Holdings, Inc., formerly Orion Marine Group, Inc., incorporated on October 12, 2004, is engaged in the heavy civil construction project management business. The Company specializes in marine construction. ....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Military Government and Technical Sector.

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