Introduction to Lockheed Martin Corporation
Lockheed Martin (LMT) is a global aeronautics and defense company. In its 75 years of existence, the company has evolved from developing television technology in the ’30s to creating solutions for cyber security and advanced analytics and robotics.
The company’s main customers include the U.S. government. In 2013, Lockheed Martin clocked revenues of $45.4 billion. Of its revenues, 82% come from the U.S. government, around 17% from international customers, and 1% from other U.S. commercial customers.
LMT’s stock performance versus the index
Over the last five years, LMT has slightly outperformed the index and has given its shareholders a whopping 128%. The Dow Jones U.S. Select Aerospace Index (ITA) has also delivered close to a 114% return in the same period.