Lockheed Martin - Flying higher?
![Lockheed Martin - Flying higher?](https://sgsnsimg.moomoo.com/102263458/editor_image/5c146d18369a3e02b7063b19745ddd2e.png/bigmoo)
This is particularly a great period to take a look at the company, as it is a business that benefits during geopolitical uncertainty.
Lockheed Martin is a global security and aerospace company that provides advanced technology systems, products, and services. Its four business segments are Aeronautics, Missiles and Fire Control, Rotary, and Mission Systems, and Space.
1. Business that encourages defense spending
![Lockheed Martin - Flying higher?](https://sgsnsimg.moomoo.com/102263458/editor_image/d91c4cd0134935b28c2d8597e3b1b94d.jpg/bigmoo)
In an age of global uncertainty, with the Russian-Ukraine war still ongoing, spending on self-defense is slated to grow.
Lockheed Martin's business is poised to take advantage of this. Its Aeronautics business offers the best-in-class F-35 Lightning II fighter jet, the C-130 Hercules transport aircraft, and the F-22 Raptor fighter jet.
It also offers missiles & Fire control, and Rotary &Mission systems.
2. Better topline growth and operating profit growth
![Source: Lockheed Martin Q2'23 Results release](https://sgsnsimg.moomoo.com/102263458/editor_image/a98cea330e843496abb2e5db196d7236.png/bigmoo)
Revenue grew from USD 15.4 billion to USD 16.7 billion, up 8% YoY.
Operating profit is also up from USD 1.76 billion to USD 1.86 billion, up 5.2% YoY.
3. Revising outlook upwards
![Source: Lockheed Martin Q2'23 Results release](https://sgsnsimg.moomoo.com/102263458/editor_image/e76a5a8533d138afb9579e45c978f4ae.png/bigmoo)
LMT is also taking the opportunity to revise its 2023 outlook higher.
Revenue for 2023 is adjusted upwards to USD 66,250- USD 66,750. Diluted earnings per share will also inch up to USD 27.00 - USD 27.20.
However free cash flow and operating cashflow will remain the same.
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The information available in this article/report/analysis is for sharing and education purposes only. This is neither a recommendation to purchase or sell any of the shares, securities, or other instruments mentioned; nor can it be treated as professional advice to buy, sell or take a position in any shares, securities, or other instruments. If you need specific investment advice, please consult the relevant professional investment advice and/or for study or research only.
The information available in this article/report/analysis is for sharing and education purposes only. This is neither a recommendation to purchase or sell any of the shares, securities, or other instruments mentioned; nor can it be treated as professional advice to buy, sell or take a position in any shares, securities, or other instruments. If you need specific investment advice, please consult the relevant professional investment advice and/or for study or research only.
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