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Valued at $110.2 billion by market cap, Lockheed Martin Corporation (LMT) is a premier American aerospace and defense company headquartered in Bethesda, Maryland. Formed in 1995, it stands as one of the world's largest defense contractors, employing approximately 110,000 people globally.
Shares of LMT have underperformed the broader market over the past year. LMT has gained marginally over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 9.8%. In 2025, LMT stock is down 3.2%, compared to the SPX’s marginal fall on a YTD basis.