Lockheed Martin

The Arsenal of "Western Democracy" Reloaded – "Unsinkable" Backlog in a Volatile World

Talos

Invested

Community Contributor

Published

04 Jan 26

Updated

31 Jan 26

Views

155

31 Jan

US$533.24

Talos's Fair Value

US$866.67

38.5% undervalued

13.7%

3.3%

13.7%

3.3%

You can edit this narrative until Feb 1 10:00 AM. Then, changes will post as Updates.

Author's Valuation

US$866.6738.5% undervalued

Talos's Fair Value

Shared on 31 Jan 26

Fair value Decreased 0.16%

The Arsenal of "Western Democracy" Reloaded – The Multi-Year Fortress

Lockheed Martin ($LMT) has transcended its role as a mere defense contractor to become the primary underwriter of Western security. Entering 2026 with a record-shattering backlog of $194 Billion (2.5x annual sales), LMT has successfully decoupled from typical industrial cycles.

21 views

Shared on 06 Jan 26

Fair value Decreased 16%

Talos made no meaningful changes to valuation assumptions.

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Valuator

Company Info

Notes

Talos'sFair Value

US$866.67

38.5% undervalued

Future estimation in

Revenue

Profit Margin

Future PE

Growth p.a.

Decrease

Increase

Forecast revenue growth rate

4.63%

Historical revenue growth rate

2.82%

Aerospace & Defense revenue growth rate

1.20%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

8.25%

Calculation

US$11.03b

Earnings '31

22.00x

PE Ratio '31

US$242.59b

Market Cap '31

US$242.59b

Market Cap '31

199.58m

No. shares '31

US$1.22k

Share Price '31

US$1.22k Share Price '31

Discounted to 2026 @ 7.00% p.a.

US$866.67

Fair Value '26