/Lockheed%20Martin%20Corp_%20F-35A%20jet-by%20Robert%20Michaud%20via%20iStock.jpg)
Bethesda, Maryland-based Lockheed Martin Corporation (LMT) is an aerospace and defense company that researches, designs, develops, manufactures, integrates, and sustains technology systems, products, and services. Valued at $101.9 billion by market cap, the company’s businesses span space, telecommunications, electronics, information and services, aeronautics, energy, and systems integration.
Shares of this leading global security, defense, and aerospace contractor have underperformed the broader market over the past year. LMT has gained 2.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 23%. In 2025, LMT stock is down 10.2%, compared to the SPX’s 4% rise on a YTD basis.