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Lockheed Martin Corp (NYSE:LMT)
Company information
Lockheed Martin Corporation was formed in 1995 by combining the businesses of Lockheed Corporation and Martin Marietta Corporation. It is a global security company that is mainly engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems and products. Lockheed Martin also provides a range of management, engineering, technical, scientific, logistics and information services. The Company serves both domestic and international customers with products and services that have defense, civil and commercial applications, with its main customers being agencies of the U.S. Government. Lockheed Martin operates in four main business segments: Electronic Systems, Information Systems & Global Services, Aeronautics and Space Systems. The Company's Electronic Systems segment manages complex programs and designs, develops and integrates hardware and software solutions to ensure the mission readiness of armed forces and government agencies worldwide. It integrates land vehicles, ships and fixed- and rotary-wing aircraft. Major lines of business include air and missile defense; tactical missiles; weapon fire control systems; surface ship and submarine combat systems; anti-submarine and undersea warfare systems; land, sea-based and airborne radars; surveillance and reconnaissance systems; simulation and training systems; and integrated logistics and sustainment services. The Company's Platform, Training & Energy business integrates mission-specific applications for fixed- and rotary-wing platforms, including: provides logistics and sustainment; develops and integrates postal automation and material handling systems; develops tactical wheeled vehicles; and provides simulation, training and support services. It also manages Sandia National Laboratories for the U.S. Department of Energy. Lockheed Martin�s IS&GS segment is engaged in providing federal services, Information Technology solutions and advanced technology expertise across a spectrum of applications and customers. IS&GS provides full life-cycle support and specialized talent in the areas of software and systems engineering, including capabilities in space, air and ground systems and also provides logistics, mission operations support, peacekeeping and nation-building services for a number of defense and civil government agencies in the U.S. and abroad. Mission Solutions provides intelligence, defense and civil agency customers with research, development and engineering expertise to produce operational or business solutions. Mission Solutions provides systems that gather, process, assimilate, fuse and distribute data from ground, air and space assets. In Global Services, the Company supports mission services, global security and stability operations and provides facility services. Aeronautics is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. Lockheed Martin�s customers include the military services and various government agencies of the United States and allied countries around the world. In Air Mobility, the Company designs, develops, produces and provides full system support and sustainment of tactical and strategic airlift aircraft. Lockheed Martin�s Satellites business designs, develops, manufactures and integrates advanced technology satellite systems for government and commercial applications. The Company deals with numerous U.S. Government agencies and entities, including all of the branches of the U.S. military, NASA, the U.S. Postal Service, the Social Security Administration and the Departments of Defense, Energy, Justice, Health and Human Services, Homeland Security, State and Transportation.
Industry: Aerospace
Employees: 146,000 (12/12/2008)
Lockheed Martin Corporation
6801 Rockledge Drive Bethesda MD 20817-1877
Phone: (301) 897-6000
Fax: (301) 897-6000
Officers: Robert J. Stevens, CEO/Chairman of the Board/Director/President Bruce L. Tanner, Executive VP/CFO Mark R. Bostic, Chief Accounting Officer/Controller
Share Related Items
Mkt. Cap. (Mil) $29,724.48
Shares Out (Mil)378.17
  
Dividend Information
Yield %3.21
Annual Dividend2.52
Payout Ratio (TTM) %30
Profitability
Gross Margin (TTM) %3.21
Operating Margin (TTM) %11.60
Profit Margin (TTM) %7.50
Valuation Ratios
Price/Earnings (TTM)9.90
Price/Sales (TTM)0.70
Price/Book (MRQ) $9.23
Price/Cash Flow (TTM) $7.50
Per Share Data
Earnings (TTM) $7.67
Sales (TTM) $112.99
Book Value (MRQ) $8.25
Cash Flow (TTM) $10.18
Management Effectiveness
Return on Equity (TTM)96.20
Return on Assets (TTM)8.40
Return on Investment (TTM)45.10
Financial Strength
Quick Ratio (MRQ)0.89 Current Ratio (MRQ)1.07 LT Debt/Equity (MRQ)1.13
Total Debt/Equity (MRQ)NA      
Mil = Millions MRQ = Most Recent Quarter TTM = Trailing Twelve Months
Financial Snapshot
 2008
Revenue$ 42.7 B
Total Net Income$ 3.2 B
Earnings Per Share$ 7.86
EBITDA$ 5.5 B
Long Term Debt$ 3.6 B
 
More Financial Information
Per-Share Estimates
This QtrNext Qtr
Mean Estimate2.001.66
High Estimates2.091.78
Low Estimates1.811.60
# of Estimates2112
 
 
More Earnings Estimates
Current Analyst Ratings
 
Buy12
Overweight1
Hold10
Underweight0
Sell1
MeanOVERWEIGHT
More Analyst Ratings
Latest Insider Trades
CHRISTOPHER E. KUBASIK9,000 SharesExercise of Stock Options
DAVID B. BURRITT398 SharesAward of Stock
JOHN C. MCCARTHY2,000 SharesExercise of Stock Options
MARTIN T. STANISLAV2,000 SharesExercise of Stock Options
BRUCE L. TANNER2,000 SharesExercise of Stock Options
SEC Filings
8-K, Lockheed Martin Corp Nov 16
S-8, Lockheed Martin Corp Oct 28
8-K, Lockheed Martin Corp Oct 28
10-Q, Lockheed Martin Corp Oct 23
8-K, Lockheed Martin Corp Oct 20
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