LMT - How Much Is Project Artemis Worth to Lockheed Martin?
With $126 billion in market capitalization, Lockheed Martin (NYSE: LMT) is the world's largest publicly traded aerospace company . Within Lockheed, though, the "space" part of "aerospace" did only $12.2 billion in sales last year, making Space the smallest of Lockheed's four main business divisions.
But Space will be increasingly important to Lockheed in future years -- at least if NASA has anything to say about it.
Lockheed Martin made headlines earlier this month when NASA's new Space Launch System (SLS) megarocket blasted off in a blaze of glory, bound for the moon . Sitting atop this 322-foot-tall megarocket sat Lockheed Martin's "Orion" spacecraft, designed to carry astronauts to the moon and back in a series of "Artemis" missions.
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How Much Is Project Artemis Worth to Lockheed Martin?