📈 Lockheed Martin hits all-time high: Growth boosted by geopolitical tensions! 🌍
Shares of weapons company Lockheed Martin $LMT have climbed to an all-time high, buoyed by heightened investor expectations for defense spending growth. These expectations are heavily influenced by current geopolitical tensions, particularly in the Middle Eastregion .
The resumption of fighter deliveries is also playing a significant role F-35 for the US military, which contributes to the positive development of the company's sales and cash flow.
Analyst RBC, stressed that investor sentiment is improving due to expected revenue growth in the coming years. Low single-digit growth in the U.S. business is expected in 2024-2026, along with high single-digit growth in international sales, creates an optimistic outlook for the company's future.
🚀 Missile Systems expansion: the Missile and Fire Control division is on the rise!
Lockheed 'sMissile and Fire Control (MFC) division, known for producing advanced weapons such as HIMARS and Javelin missiles , is poised for continued growth. The United States and its allies are investing heavily in expanding and replenishing their inventories, which opens up new opportunities for MFC.
It is expected that in 2024 Lockheed Martin will deliver 95 fighters F-35, and by the end of the year. 2025 that number could increase to up to 200 aircraft. This growth is underpinned by robust investment in several key programmes that secure the company's long-term growth potential.
In light of these factors, the Lockheed Martin an attractive option for investors seeking stable and growth opportunities in the defense sector.
What is your opinion of Lockheed Martin and the arms industry in general? 🚀📊
Super sociability. I didn't want to buy above $400, but it would still have been worth it given the growth. Congrats to all stock owners.
For me, one of the best companies in the industry. If the price drops significantly, I would be happy to buy.