- Lockheed Martin Corporation is trading at a five-year low in terms of valuation.
- The company has been slowly reducing debt over the past few years while simultaneously reducing shares outstanding.
- The market has huge optimism for the future growth of the Space industry. Yet Space is one of the four operating segments of the company and is ignored or underappreciated.
- The company has the financial firepower to make further strategic acquisitions and continue to return cash to shareholders.
- The dividend is 3% and repurchases are expected to continue.
For further details see:
Playing Defence With Lockheed Martin Corporation