Lockheed Martin Corporation (LMT)
Official siteINDUSTRIALS • AEROSPACE & DEFENSE • NYSE
Market Cap: $130.13B
Last updated: Sep 01, 2026 at 10:00 AM ET
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War headlines spark volatility, but we focus on the structural alpha beneath the noise - a policy-driven floor under global defense spending that persists beyond any single conflict. A multi-decade rearmament supercycle is unfolding, with trillions in committed spending and modernization reshaping aerospace and defense economics. Not all defense stocks are equal. We break the sector into a three-tier framework to map stability, acceleration, and compounding into portfolio roles. AI, autonomous systems, and next-gen platforms are driving a software-led renaissance inside defense, changing growth profiles and margins. We highlight where value, quality, and sentiment diverge - and where patient capital can capture durable cash flows. This is not a trade on headlines. It is a structural allocation case. Our full playbook and specific picks are included.
Government Contracts
Top agency: Department of Defense at 98.7% of trailing twelve month obligations across 7 agencies
Recent Awards
Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.
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Frequently Asked Questions About LMT
- What is LMT's current dividend yield?
- Lockheed Martin Corporation (LMT) has a current dividend yield of 2.43%.
- Does LMT pay dividends?
- Yes, Lockheed Martin Corporation pays dividends with a current yield of 2.43%.
- What is LMT's P/E ratio?
- Lockheed Martin Corporation has a price-to-earnings (P/E) ratio of 20.68.
- What is LMT's market cap?
- Lockheed Martin Corporation (LMT) has a market capitalization of $130.13B with a current stock price of $561.11.
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