Lockheed Martin(NYSE) LMT

Lockheed Martin Corporation builds planes and tech to keep countries safe. It makes tools that help soldiers and scientists explore land and space. The company helps the U.S. and its allies defend their borders.

What Lockheed Martin Builds

• Aeronautics: Combat aircraft and air mobility vehicles like the F-35; generated $15.1 billion in sales during the first half of 2026.
• Missiles and Fire Control: Defense systems including the Patriot Advanced Capability-3 and Terminal High Altitude Area Defense; provided $7.8 billion in sales for the six-month period ended June 28, 2026.
• Rotary and Mission Systems: Military helicopters and naval surface ships; accounted for $8.3 billion in sales during the first half of 2026.
• Space: Satellites and strategic missile systems; generated $6.9 billion in sales for the six-month period ended June 28, 2026.
• Sustainment Services: Maintenance and support for advanced technologies; represented 17.0% of total sales for the first half of 2026.

Expanding Defense Capacity

• Increased production capacity for critical weapons to replenish depleted U.S. and allied stockpiles.
• Accelerated manufacturing for the Patriot Advanced Capability-3 and Terminal High Altitude Area Defense programs in 2026.
• Secured $140 million in refunds for prior tariff assessments through June 28, 2026.
• Pursued digital transformation to optimize the supply chain and improve cost competitiveness.

A Multi-Domain Defense Leader

Lockheed Martin integrates technology across land, sea, air, and space to serve government agencies. The company manages long-cycle contracts that provide a steady backlog of orders for advanced defense systems.

Essential Financial Figures

• Net sales reached $38.1 billion for the six-month period ended June 28, 2026.
• Net earnings were $3.3 billion during the first half of 2026.
• Free cash flow rose by $1.8 billion year over year to reach $2.6 billion in the six months ended June 28, 2026.
• The U.S. Government accounted for 70% of total sales during the first half of 2026.
• Cash and cash equivalents totaled $3.8 billion as of June 28, 2026.

The Evolution of National Security

Lockheed Martin has transitioned into a multi-domain technology firm focused on high-demand missile defense and space exploration. Its reliance on government contracts and complex global systems ensures a central role in international security.