Lockheed Martin, headquartered in Bethesda, Maryland, employs 122,000 people and specializes in aerospace and security technology across four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The company focuses on advanced military aircraft, missile defense systems, helicopters, and satellite production.
LMT has been in the news recently: Lockheed Martin's shares experienced a decline after the Pentagon reduced its order for F-35 jets from 48 to 24 aircraft. This drop occurred amidst a broader rise in U.S. stocks due to improving U.S.-China trade talks and lower inflation rates.
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