Lockheed Martin has delivered a mixed set of results, failing to meet Wall Street expectations on the revenue front but managing an earnings beat. The free cash flow of the company has been good despite the fact that the management elevating its commitment to driving long-term growth with its strong capital expenditure and research and development funding. The new 1LM transformation will transform Lockheed’s end-to-end business systems and processes. As a part of the company’s corporate stewardship approach, it is conducting an internal review to identify potential synergies between the four business areas of the company. The company received contractual authorization from Joint Program Office, which enabled it to book over $7.5 billion in a Lot 15 order in recognized earnings and revenues from the second and third quarters. Lockheed viewed strong bipartisan support for appropriation committees, congressional authorization, and defense funding. SIBRIS has been one of the company’s longest-running signature programs and could be a growth driver. We provide the stock of Lockheed Martin with a ‘Hold’ rating with a revision in the target price.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
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