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 17.7885
  • Debt/Equity 3.5899
  • CurrentRatio 1.1289
  • ROIC 0.1338

 

  • MktCap 110958190751.0
  • FreeCF/Share 19.806
  • PFCF 24.1581
  • PE 26.1787
  • Debt/Assets 0.3681
  • DivYield 0.0282
  • 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
Downgrade LMT JP Morgan Overweight Neutral -- $515 Dec. 19, 2025
Downgrade LMT Morgan Stanley Overweight Equal Weight -- $543 Dec. 16, 2025
Initiation LMT Citigroup -- Neutral -- $505 Dec. 12, 2025
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

News

Lockheed Martin secures Tracking Layer contract from Space Development Agency
LMT
Published: December 19, 2025 by: PRNewsWire
Sentiment: Neutral

The award, with a potential value of over $1 billion, expands the Proliferated Warfighter Space Architecture with 18 new missile tracking satellites DENVER , Dec. 19, 2025 /PRNewswire/ -- The Space Development Agency (SDA) has awarded Lockheed Martin (NYSE: LMT) a contract for 18 space vehicles for its Tranche 3 Tracking Layer (TRKT3) constellation, with a potential value of more than $1 billion. These satellites will provide missile tracking capabilities for the SDA's Proliferated Warfighter Space Architecture (PWSA), a layered network of missile defense and military communications satellites in low Earth orbit.

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image for news Lockheed Martin secures Tracking Layer contract from Space Development Agency
Options Corner: LMT Lags After Downgrade
LMT
Published: December 19, 2025 by: Schwab Network
Sentiment: Negative

Shares of Lockheed Martin (LMT) struggled in 2025, trading below the flat line for the year. Rick Ducat turns to his technical analysis and highlights key levels to watch that will signal further downside action.

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image for news Options Corner: LMT Lags After Downgrade
Finland and Lockheed Martin Celebrate Debut of Finland's First F-35A
LMT
Published: December 16, 2025 by: PRNewsWire
Sentiment: Neutral

FORT WORTH, Texas , Dec. 16, 2025 /PRNewswire/ -- In a ceremony today at Lockheed Martin's (NYSE: LMT) F-35 production facility, esteemed government and military leaders from the United States and Finland celebrated the rollout of the first F-35A Lightning II for the Finnish Air Force. The event marks a new generation of Finnish air power and strengthens strategic trans-Atlantic relations.

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image for news Finland and Lockheed Martin Celebrate Debut of Finland's First F-35A
Can Global Defense Alliances Secure Lockheed Martin's Future Growth?
LMT
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Positive

LMT strengthens its supply chain, market reach and innovation through global partnerships spanning more than 50 nations and 350 facilities worldwide.

Read More
image for news Can Global Defense Alliances Secure Lockheed Martin's Future Growth?
Lockheed Martin Completes Production of Initial F‑16 Block 70 Fleets for Bulgaria and Slovakia
LMT
Published: December 15, 2025 by: PRNewsWire
Sentiment: Neutral

F-16 platform strengthens national defense, deepens NATO and allied air integration GREENVILLE, S.C. , Dec. 15, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has completed production of all F‑16 Block 70 aircraft for Bulgaria and Slovakia's initial fleets, equipping both air forces with advanced F-16s ready for NATO and allied operations.

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image for news Lockheed Martin Completes Production of Initial F‑16 Block 70 Fleets for Bulgaria and Slovakia
Here is What to Know Beyond Why Lockheed Martin Corporation (LMT) is a Trending Stock
LMT
Published: December 15, 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 Here is What to Know Beyond Why Lockheed Martin Corporation (LMT) is a Trending Stock
Calls of the Day: Leidos, Boeing, Lockheed Martin, QXO, On Holding, Spotify and Chevron
BA, CVX, LDOS, LMT, QXO, SPOT
Published: December 12, 2025 by: CNBC Television
Sentiment: Neutral

The Investment Committee debate the latest Calls of the Day.

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image for news Calls of the Day: Leidos, Boeing, Lockheed Martin, QXO, On Holding, Spotify and Chevron
Top 5 Stocks Impacted by Potential Armed Conflict With Venezuela
CVX, LMT, NOC, RTX, XOM
Published: December 11, 2025 by: 24/7 Wall Street
Sentiment: Negative

The United States has assembled its largest military presence in the Caribbean since 1989, with more than 15,000 troops deployed near Venezuela.

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image for news Top 5 Stocks Impacted by Potential Armed Conflict With Venezuela
Lockheed Martin Advances Construction on new Next Generation Interceptor Facility in Courtland, Alabama
LMT
Published: December 10, 2025 by: PRNewsWire
Sentiment: Neutral

New 88,000-square foot facility represents a major investment in ability to produce revolutionary capability at scale and to meet the need for rapid delivery. COURTLAND, Ala.

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image for news Lockheed Martin Advances Construction on new Next Generation Interceptor Facility in Courtland, Alabama
Lockheed Martin Stock Falls 6% in Six Months: What Should You Do?
LMT
Published: December 08, 2025 by: Zacks Investment Research
Sentiment: Neutral

LMT's shares lag as labor shortages and program losses weigh on results, even as major defense wins and a hefty backlog support long-term growth.

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image for news Lockheed Martin Stock Falls 6% in Six Months: What Should You Do?
Lockheed Delivers Steady Defense Profits as Boeing Burns Billions Ramping Production
BA, LMT
Published: December 05, 2025 by: 24/7 Wall Street
Sentiment: Positive

Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) reported Q3 2025 earnings in late October, revealing two aerospace giants in completely different financial realities.

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image for news Lockheed Delivers Steady Defense Profits as Boeing Burns Billions Ramping Production
Lockheed Martin Corporation (LMT) Presents at Goldman Sachs Industrials and Materials Conference 2025 Transcript
LMT
Published: December 03, 2025 by: Seeking Alpha
Sentiment: Neutral

Lockheed Martin Corporation (LMT) Presents at Goldman Sachs Industrials and Materials Conference 2025 Transcript

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image for news Lockheed Martin Corporation (LMT) Presents at Goldman Sachs Industrials and Materials Conference 2025 Transcript
US approves potential $455 million sale of F-16 sustainment to Bahrain
GE, LMT
Published: December 01, 2025 by: Reuters
Sentiment: Positive

The U.S. State Department has approved the potential sale of sustainment for F-16 jets and related equipment to Bahrain for an estimated cost of $455 million, the Pentagon said on Monday.

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image for news US approves potential $455 million sale of F-16 sustainment to Bahrain
American Century Value Fund Q3 2025 Contributors/Detractors And Notable Trades
BWA, CNC, CRM, JNJ, KVUE, LMT, NVT, TER, UPS
Published: December 01, 2025 by: Seeking Alpha
Sentiment: Positive

Shares of Teradyne advanced sharply as investors cheered the company's robust earnings and outlook for Teradyne's artificial intelligence compute testing business. We initiated a position in this customer relationship management software company because it enjoys a dominant market share and a wide competitive moat. We exited our position in nVent. It rallied on the prospect of increasing data center demand, pushing the stock above what we viewed as its fair value.

Read More
image for news American Century Value Fund Q3 2025 Contributors/Detractors And Notable Trades
Lockheed Martin Corporation (LMT) is Attracting Investor Attention: Here is What You Should Know
LMT
Published: December 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Lockheed (LMT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Lockheed Martin Corporation (LMT) is Attracting Investor Attention: Here is What You Should Know
Ex-Dividend Reminder: ITT, Lockheed Martin And Northrop Grumman
ITT, LMT, NOC
Published: November 28, 2025 by: Forbes
Sentiment: Neutral

On 12/1/25, ITT, Lockheed Martin, and Northrop Grumman will all trade ex-dividend for their respective upcoming dividends. ITT will pay its quarterly dividend of $0.351 on 12/31/25, Lockheed Martin will pay its quarterly dividend of $3.45 on 12/30/25, and Northrop Grumman will pay its quarterly dividend of $2.31 on 12/17/25.

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image for news Ex-Dividend Reminder: ITT, Lockheed Martin And Northrop Grumman
Which Defense Giant Shows Stronger Momentum Today - LMT or RTX?
LMT, RTX
Published: November 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Lockheed Martin and RTX show contrasting momentum as fresh contracts, earnings shifts and rising defense demand highlight differing strengths.

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image for news Which Defense Giant Shows Stronger Momentum Today - LMT or RTX?
Lockheed Martin CFO to Speak at the Goldman Sachs Industrials and Materials 2025 Conference
LMT
Published: November 26, 2025 by: PRNewsWire
Sentiment: Neutral

BETHESDA, Md. , Nov. 26, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) Chief Financial Officer Evan Scott will participate in a fireside chat at the Goldman Sachs Industrials and Materials 2025 Conference on Wednesday, Dec. 3, from 1:30 to 2:05 p.m.

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image for news Lockheed Martin CFO to Speak at the Goldman Sachs Industrials and Materials 2025 Conference
Lockheed Martin: A 3% Dividend, A Rising Backlog, And Attractive Entry Point (Rating Upgrade)
LMT
Published: November 24, 2025 by: Seeking Alpha
Sentiment: Positive

Lockheed Martin recovered well from the weak Q2, with execution returning to normal levels and full-year guidance raised. Geopolitical news, especially the Saudi F-35 discussions and new international deals, adds meaningful short-term catalysts. Q3 results showed solid cash flow and margins, with a healthy 1.7x book-to-bill ratio, supporting revenue into 2026.

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image for news Lockheed Martin: A 3% Dividend, A Rising Backlog, And Attractive Entry Point (Rating Upgrade)
Why Is Lockheed (LMT) Down 3.5% Since Last Earnings Report?
LMT
Published: November 20, 2025 by: Zacks Investment Research
Sentiment: Negative

Lockheed (LMT) reported earnings 30 days ago. What's next for the stock?

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image for news Why Is Lockheed (LMT) Down 3.5% Since Last Earnings Report?
Lockheed Martin Uses 5th Gen Fighter to Command Drone in Flight
LMT
Published: November 19, 2025 by: PRNewsWire
Sentiment: Neutral

NELLIS AIR FORCE BASE, Nev., Nov. 19, 2025 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE: LMT), with industry partners and the U.S. Air Force, controlled an uncrewed aerial system (UAS) from the cockpit of a 5th Gen fighter while in flight.

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image for news Lockheed Martin Uses 5th Gen Fighter to Command Drone in Flight
Trump Signs F-35 Deal With Saudis: Defense ETFs to Gain, Beyond Lockheed
LMT
Published: November 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Trump's F-35 deal with Saudi Arabia spotlights LMT's gains, but broader defense ETFs like SHLD can capture rising sector-wide demand better.

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image for news Trump Signs F-35 Deal With Saudis: Defense ETFs to Gain, Beyond Lockheed
Final Trades: Netflix, Nvidia, Lockheed Martin and Freeport-McMoRan
FCX, LMT, NFLX, NVDA
Published: November 18, 2025 by: CNBC Television
Sentiment: Neutral

The Investment Committee give you their top stocks to watch for the second half. Jenny Harrington also highlights her sale of WPP.

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image for news Final Trades: Netflix, Nvidia, Lockheed Martin and Freeport-McMoRan
Is LMT Expanding Helicopter Capabilities With Autonomous Upgrades?
LMT
Published: November 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Lockheed Martin expands Black Hawk capabilities with MATRIX autonomy and the new U-Hawk to advance multi-mission rotorcraft operations.

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image for news Is LMT Expanding Helicopter Capabilities With Autonomous Upgrades?
Lockheed Martin Corporation (LMT) Is a Trending Stock: Facts to Know Before Betting on It
LMT
Published: November 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Lockheed (LMT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Lockheed Martin Corporation (LMT) Is a Trending Stock: Facts to Know Before Betting on It
Lockheed Martin CEO Jim Taiclet goes one-on-one with Jim Cramer
LMT
Published: November 12, 2025 by: CNBC Television
Sentiment: Positive

Lockheed Martin CEO Jim Taiclet joins 'Mad Money' host Jim Cramer to talk the company's work hiring Veterans, geopolitical conflicts, and more.

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image for news Lockheed Martin CEO Jim Taiclet goes one-on-one with Jim Cramer
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.

Read More
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.

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image for news Nothing Can Stop Defense Stocks Right Now

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.