Lockheed Martin Corporation: Can It Capitalize On The Current Aerospace & Defense Macro? 

Lockheed Martin Corporation recently held its third-quarter earnings call for 2024, during which key financial metrics and strategic developments were discussed. The company reported robust demand across its business sectors, leading to a record backlog of over $165 billion, driven primarily by increased orders for precision and air defense munitions like the Javelin and various missile systems. This backlog, a critical indicator of future revenue, underscores Lockheed Martin’s strong market position and ongoing demand for its defense products.