2024-01-25 14:30:05 ET
Summary
- Lockheed Martin is a global security and aerospace company with services in Aeronautics, Missiles and Fire Control, and more.
- Despite a decline in revenue and earnings growth, they achieved a record high backlog and plan to buy back $4 billion in stock in FY24.
- The company is expected to benefit from increased demand for tactical and strike missiles due to escalating global conflicts.
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For further details see:
Lockheed Martin Q4: Anticipated Growth From Tactical & Strike Missiles And PAC-3 Defense