With a market cap of $125.7 billion, Lockheed Martin Corporation (LMT) is the world’s largest defense contractor specializing in aerospace, defense, space, intelligence, and advanced technology solutions. The company operates through four core segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space.
Companies valued over $10 billion are generally described as “large-cap” stocks, and Lockheed Martin fits right into that category. Its primary customers include the U.S. government, allied international partners, and foreign military sales contracted through the U.S. government, all relying on Lockheed Martin to deliver advanced security and innovation.