NYSE:LMTAerospace & Defense
A Look At Lockheed Martin (LMT) Valuation As It Expands US$9b Missile Defense Capacity
Lockheed Martin (LMT) has just broken ground on a new 87,000 square foot Munitions Production Center in Troy, Alabama, as part of a multi year investment of more than US$9 billion to expand missile defense output.
See our latest analysis for Lockheed Martin.
Recent contract wins in Canada and with the U.S. Navy, alongside the Alabama munitions expansion and upcoming Bernstein conference appearance, sit against a share price of US$531.14. Short term returns have been softer after a 90 day...