Lockheed's F-35 fighter program will drive revenue and profit growth for the company.
Donald Trump won the U.S. presidential election last night and Republicans are set to maintain control of the Senate and House. We expect defense names to move upward over the short- to mid-term and outperform the market. We anticipate investors will view pure play defense names like Raytheon, Lockheed Martin, L-3, and Northrop Grumman, as safer investments within a turbulent market. General Dynamics should also outperform. However, its business jet segment (27% of total revenue but 41% of opera...Lockheed Martin is a security and aerospace company. The company has four segments: Aeronautics, which is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of military aircraft; Missiles and Fire Control, which provides air and missile defense systems, logistics, fire control systems, and mission operations support; Rotary and Mission Systems, which provides design, manufacture, service and support for military and commercial helicopters, radar systems, and simulation and training services; Space, which researches, designs, develops, engineers and produces satellites, space transportation systems, and strategic, strike, and defensive systems.
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