Lockheed Martin Corporation (LMT)

US — Industrials Sector
Peers: GD  NOC  ADP  HON  PH  DE  LHX  BA  TDG  TT 

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Key Metrics & Ratings

  • symbol LMT
  • Rev/Share 316.2958
  • Book/Share 26.6537
  • PB 16.962
  • Debt/Equity 3.5899
  • CurrentRatio 1.1289
  • ROIC 0.1338

 

  • MktCap 105802623835.0
  • FreeCF/Share 19.806
  • PFCF 23.0356
  • PE 24.9624
  • Debt/Assets 0.3681
  • DivYield 0.0292
  • ROE 0.6848

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 5
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade LMT Alembic Global Advisors Neutral Overweight -- -- Aug. 28, 2025
Downgrade LMT Truist Buy Hold -- $440 July 23, 2025
Downgrade LMT TD Cowen Buy Hold -- $480 July 10, 2025
Upgrade LMT Robert W. Baird Neutral Outperform -- $540 April 23, 2025
Upgrade LMT Morgan Stanley Equal Weight Overweight -- $575 April 16, 2025
Downgrade LMT RBC Capital Mkts Outperform Sector Perform $550 $480 March 27, 2025
Downgrade LMT BofA Securities Buy Neutral $685 $485 March 24, 2025
Downgrade LMT Melius Buy Hold -- -- March 24, 2025
Initiation LMT Truist -- Buy -- $579 Jan. 14, 2025
Downgrade LMT Deutsche Bank Buy Hold $611 $523 Jan. 2, 2025

News

Avio and Lockheed Martin Sign Term Sheet to Support the Establishment of a New Plant for Solid Rocket Motors in the USA
LMT
Published: November 10, 2025 by: Business Wire
Sentiment: Neutral

COLLEFERRO, Italy--(BUSINESS WIRE)--Avio and Lockheed Martin have signed a non-binding term sheet to support the establishment of Avio USA's state-of-the-art solid rocket motor (SRM) facility in the United States, which expects to serve Lockheed Martin and other customers as a vertically integrated merchant supplier. Lockheed Martin will have preferred access to a portion of the Avio USA plant production capacity to meet future demand for its products while enhancing supply chain resilience to.

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image for news Avio and Lockheed Martin Sign Term Sheet to Support the Establishment of a New Plant for Solid Rocket Motors in the USA
Avio's US rocket motor plant to supply Raytheon and Lockheed Martin
LMT, RTX
Published: November 10, 2025 by: Reuters
Sentiment: Positive

Raytheon and Lockheed Martin will be the major customers of Avio's planned solid rocket motor plant in the United States, the Italian rocket maker said on Monday.

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image for news Avio's US rocket motor plant to supply Raytheon and Lockheed Martin
Lockheed Martin Corporation (LMT) is Attracting Investor Attention: Here is What You Should Know
LMT
Published: November 07, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Lockheed (LMT). This makes it worthwhile to examine what the stock has in store.

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image for news Lockheed Martin Corporation (LMT) is Attracting Investor Attention: Here is What You Should Know
Nothing Can Stop Defense Stocks Right Now
AVAV, GD, HII, KTOS, LHX, LMT, NOC, RTX
Published: November 04, 2025 by: Schaeffers Research
Sentiment: Positive

Subscribers to Chart of the Week received this commentary on Sunday, November 2.

Read More
image for news Nothing Can Stop Defense Stocks Right Now
5 ‘Sin Stocks' Are Offering High-Yield Dividend Treats With No Tricks
DEO, LMT, MO, TAP, VICI
Published: October 31, 2025 by: 24/7 Wall Street
Sentiment: Positive

Investors love dividend stocks, especially high-yield varieties, because they offer a significant income stream and have substantial total return potential.

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image for news 5 ‘Sin Stocks' Are Offering High-Yield Dividend Treats With No Tricks
Tomahawk missiles planned aboard sea drones in latest Lockheed deal
LMT
Published: October 29, 2025 by: Reuters
Sentiment: Positive

Lockheed Martin is investing $50 million in sea drone maker Saildrone to help equip its biggest surveillance drones with missiles, marking the first time the long-distance autonomous ships will carry high-powered missiles aboard.

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image for news Tomahawk missiles planned aboard sea drones in latest Lockheed deal
Lockheed Martin and Google Public Sector to Bring Generative AI to On-Premise Infrastructure for National Security
LMT
Published: October 29, 2025 by: PRNewsWire
Sentiment: Neutral

Phased deployment brings secure, generative AI to unclassified and then classified systems to advance capabilities in aerospace, space exploration, and cybersecurity BETHESDA, Md. , Oct. 29, 2025 /PRNewswire/ -- Google Public Sector Summit '25, WASHINGTON, D.C.

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image for news Lockheed Martin and Google Public Sector to Bring Generative AI to On-Premise Infrastructure for National Security
X-59 Soars: A New Era in Supersonic Flight Begins
LMT
Published: October 28, 2025 by: PRNewsWire
Sentiment: Neutral

PALMDALE, Calif. , Oct. 28, 2025 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE: LMT), in partnership with NASA, successfully completed the first flight of the X-59, a revolutionary, quiet supersonic aircraft designed to pave the way for faster commercial air travel.

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image for news X-59 Soars: A New Era in Supersonic Flight Begins
Orion Spacecraft Completes Major Stacking Milestone Ahead of Artemis II Mission
LMT
Published: October 24, 2025 by: PRNewsWire
Sentiment: Neutral

Orion Integrity spacecraft connected with the SLS rocket, readying for historic crewed journey to the Moon KENNEDY SPACE CENTER, Fla. , Oct. 24, 2025 /PRNewswire/ -- In a move signifying mission readiness, NASA's Exploration Ground Systems (EGS) team recently joined and connected the Lockheed Martin (NYSE: LMT)-developed Orion spacecraft with the Space Launch System (SLS) rocket for the upcoming Artemis II mission.

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image for news Orion Spacecraft Completes Major Stacking Milestone Ahead of Artemis II Mission
NioCorp, Lockheed partner on Pentagon‑funded scandium alloy work
LMT, NB
Published: October 23, 2025 by: Reuters
Sentiment: Positive

Rare earths miner NioCorp Developments said on Thursday it has signed an agreement with U.S. defense contractor Lockheed Martin to support development of scandium-based technology under a Pentagon‑funded program.

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image for news NioCorp, Lockheed partner on Pentagon‑funded scandium alloy work
NioCorp inks deal with Lockheed Martin to support scandium-based defense tech
LMT, NB
Published: October 23, 2025 by: Proactive Investors
Sentiment: Positive

NioCorp Developments Ltd. (TSX:NB, OTCQX:NIOBF) on Thursday announced an agreement with Lockheed Martin's Skunk Works advanced development programs division to support the development of a scandium-based defense technology.

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image for news NioCorp inks deal with Lockheed Martin to support scandium-based defense tech
The Top 3 AI-Focused Defense Stocks to Put on Your Radar
LMT, NOC, RTX
Published: October 23, 2025 by: MarketBeat
Sentiment: Positive

In an era defined by a renewed great power competition and the dawn of autonomous warfare, the most compelling defense investments are shifting from traditional hardware manufacturers to the firms best positioned to dominate the technological arms race in artificial intelligence (AI), unmanned systems, and space. The defense sector has returned to the spotlight, driven by a strategic pivot toward technological superiority.

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image for news The Top 3 AI-Focused Defense Stocks to Put on Your Radar
Trump Wants in on Quantum Computing. Will RGTI, QBTS, IONQ, or QUBT Win?
AIG, AMZN, C, GM, INTC, IONQ, JPM, LAC, LMT, MP, MSFT, NVDA, QBTS, QUBT, RGTI
Published: October 23, 2025 by: 24/7 Wall Street
Sentiment: Positive

The Wall Street Journal reports the Trump administration is eyeing stakes in quantum firms.

Read More
image for news Trump Wants in on Quantum Computing. Will RGTI, QBTS, IONQ, or QUBT Win?
Lockheed Martin: Boring Earnings Hide A Perfect Entry Point
LMT
Published: October 22, 2025 by: Seeking Alpha
Sentiment: Neutral

Lockheed Martin Corporation reported Q3 2025 results with sales and EPS beats, but segment margin pressures and mixed growth drivers. LMT raised 2025 sales and EPS guidance but lowered cash flow outlook due to pension pre-funding, disappointing some investors. The updated price target for LMT is $584.24, reflecting modest EBITDA growth but slightly reduced free cash flow estimates.

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image for news Lockheed Martin: Boring Earnings Hide A Perfect Entry Point
Lockheed Martin Reports Third Quarter 2025 Financial Results
LMT
Published: October 21, 2025 by: PRNewsWire
Sentiment: Neutral

Sales of $18.6 billion Net earnings of $1.6 billion, or $6.95 per share Cash from operations of $3.7 billion and free cash flow of $3.3 billion Returned $1.8 billion of cash to shareholders through dividends and share repurchases Increased share repurchase authority by $2 billion to a total authorization of $9 billion Increased quarterly dividend by 5% to $3.45 per share Record backlog of $179 billion Updates 2025 outlook BETHESDA, Md. , Oct. 21, 2025 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported third quarter 2025 sales of $18.6 billion, compared to $17.1 billion in the third quarter of …

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image for news Lockheed Martin Reports Third Quarter 2025 Financial Results
LMT, KO & ZION Undercard Earnings to Note, Energy's Economic Slowdown Signals
KO, LMT, ZION
Published: October 20, 2025 by: Schwab Network
Sentiment: Neutral

While many investors will watch the big earnings this week from names like Tesla (TSLA) and Netflix (NFLX), Kevin Green points to other companies you'll want to watch. He highlights Coca-Cola (KO) and Zions Bancorporation (ZION) for signals of consumer health and confidence, along with Lockheed Martin (LMT) for a better sense of defense spending's outlook.

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image for news LMT, KO & ZION Undercard Earnings to Note, Energy's Economic Slowdown Signals
Will Unfavorable Charges & Taxes Hurt Lockheed's Q3 Earnings?
LMT
Published: October 17, 2025 by: Zacks Investment Research
Sentiment: Negative

LMT's Q3 results are likely to see broad segmental sales gains, but charges from classified programs and tax issues could pressure earnings.

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image for news Will Unfavorable Charges & Taxes Hurt Lockheed's Q3 Earnings?
Unlocking Q3 Potential of Lockheed (LMT): Exploring Wall Street Estimates for Key Metrics
LMT
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Beyond analysts' top-and-bottom-line estimates for Lockheed (LMT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2025.

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image for news Unlocking Q3 Potential of Lockheed (LMT): Exploring Wall Street Estimates for Key Metrics
Trump Wants to Own America
F, GM, INTC, LAC, LMT, MP, NIO, NOC, NVDA, SBUX, TMQ, TSLA, WMT
Published: October 16, 2025 by: 24/7 Wall Street
Sentiment: Neutral

The Trump administration owns part of MP Materials Corp. (NYSE: MP), the rare earth provider, and Intel Corp.

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image for news Trump Wants to Own America
3 Stocks in Focus on Recently Announced Dividend Hikes
AOS, LMT, THO
Published: October 15, 2025 by: Zacks Investment Research
Sentiment: Neutral

AOS, LMT and THO Industries boost their dividends, offering steady income amid renewed market volatility.

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image for news 3 Stocks in Focus on Recently Announced Dividend Hikes
Lockheed Martin Uses AI to Strengthen PAC-3 Defense System
LMT
Published: October 15, 2025 by: Zacks Investment Research
Sentiment: Positive

LMT is integrating AI and machine learning into its PAC-3 MSE system to create faster, smarter, and more adaptive missile defense.

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image for news Lockheed Martin Uses AI to Strengthen PAC-3 Defense System
Earnings Preview: Lockheed Martin (LMT) Q3 Earnings Expected to Decline
LMT
Published: October 14, 2025 by: Zacks Investment Research
Sentiment: Negative

Lockheed (LMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Earnings Preview: Lockheed Martin (LMT) Q3 Earnings Expected to Decline
Lockheed Martin and Belgium Celebrate Arrival of First Belgian F-35 Aircraft
LMT
Published: October 14, 2025 by: PRNewsWire
Sentiment: Neutral

FLORENNES AIR BASE, Belgium , Oct. 14, 2025 /PRNewswire/ -- Belgium's first F-35A Lightning II aircraft to be stationed in country arrived at Florennes Air Base. Lockheed Martin (NYSE: LMT) joined the arrival ceremony hosted by the Belgian Air Force at the base to celebrate the F-35's official incorporation into Belgian Air Force operations.

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image for news Lockheed Martin and Belgium Celebrate Arrival of First Belgian F-35 Aircraft
Lockheed Martin Stock Overvalued? TDG And GD Might Be Better Bets
LMT
Published: October 13, 2025 by: Forbes
Sentiment: Neutral

TransDigm Group and General Dynamics are Lockheed Martin's peers in the Aerospace & Defense industry that have:

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image for news Lockheed Martin Stock Overvalued? TDG And GD Might Be Better Bets
Lockheed Boosts Shareholder Value With Buyback & 5% Dividend Hike
LMT
Published: October 10, 2025 by: Zacks Investment Research
Sentiment: Positive

LMT lifts its quarterly dividend by 5% and increases its share repurchase fund, reinforcing its long-running shareholder reward strategy.

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image for news Lockheed Boosts Shareholder Value With Buyback & 5% Dividend Hike
Lockheed's Unit Wins a $131M Contract to Aid Integrated Combat System
LMT
Published: October 07, 2025 by: Zacks Investment Research
Sentiment: Positive

LMT's Rotary and Mission Systems unit wins a $131M Navy contract to support engineering and software integration for its Integrated Combat System.

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image for news Lockheed's Unit Wins a $131M Contract to Aid Integrated Combat System
Investors Heavily Search Lockheed Martin Corporation (LMT): Here is What You Need to Know
LMT
Published: October 07, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Lockheed (LMT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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image for news Investors Heavily Search Lockheed Martin Corporation (LMT): Here is What You Need to Know
Lockheed Wins $647M Deal to Produce & Support Trident II D5 Missiles
LMT
Published: October 06, 2025 by: Zacks Investment Research
Sentiment: Positive

LMT lands a $647 million deal to produce and support Trident II D5 missiles, extending its missile leadership.

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image for news Lockheed Wins $647M Deal to Produce & Support Trident II D5 Missiles
Boeing And Lockheed Martin Aim To Forge A Dual Aerospace Win With Turkey
BA, LMT
Published: September 30, 2025 by: Seeking Alpha
Sentiment: Positive

Turkish Airlines' order for up to 225 Boeing jets supports its goal to double its fleet and make Istanbul a major global transit hub. BA benefits from the deal by regaining share in Turkish Airlines' fleet and boosting its 737 MAX and 787 order books, aiding production ramp-up. Turkey leverages the Boeing order to seek re-admission to the F-35 program and export licenses for its domestic fighter jet project, benefiting The Boeing Company.

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image for news Boeing And Lockheed Martin Aim To Forge A Dual Aerospace Win With Turkey
Final Trades: Nvidia, Amphenol, Regeneron and Lockheed Martin
APH, LMT, NVDA, REGN
Published: September 30, 2025 by: CNBC Television
Sentiment: Neutral

CNBC's "Halftime Report" team detail their stock picks and final trades.

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image for news Final Trades: Nvidia, Amphenol, Regeneron and Lockheed Martin

About Lockheed Martin Corporation (LMT)

  • IPO Date 1977-01-03
  • Website https://www.lockheedmartin.com
  • Industry Aerospace & Defense
  • CEO James D. Taiclet Jr.
  • Employees 121000

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control 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. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.