Lockheed Martin Corporation (LMT – Q2FY20) – Achieved Record Backlog of >$150bn; Raised 2020 outlook.

Lockheed Martin received a $226 million contract from the U.S. Army to recapitalize an additional 44 Multiple Launch Rocket System (MLRS) M270 launchers. This award follows an initial contract, issued in 2019, calling for the refurbishment of 50 U.S. Army MLRS launchers. The U.S. Army’s MLRS recapitalization effort will eventually upgrade its existing fleet of 225 MLRS M270A1 launchers and 160 decommissioned M270A0s to M270A2s.

Executive Summary

Financial Statements

– Income Statement and Forecast
– Balance Sheet
– Cash Flow
– Results Overview
– U.S. Govt. sales
– Segment Performance
– Backlog & Deliveries
– F-35 Program Status
– U.S. Defense Budget
– FY20 Guidance
– Conclusion

Historical Performance

– Key Ratios
– Profitability Ratios, Asset Turnover Ratio, Growth Ratio
– P/E Band
– Per Share Data

Product Performance and Key Developments

– Ownership
– Competitors
– Key Developments

Valuation and Consensus Performance

– Analyst Recommendations

Market Price Performance

CrispIdea Coverage Chart

No of Pages : 42