{"id":21764,"date":"2023-10-14T23:56:00","date_gmt":"2023-10-14T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=21764"},"modified":"2025-10-07T09:56:53","modified_gmt":"2025-10-07T01:56:53","slug":"lockheed-martin","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/","title":{"rendered":"How does Lockheed Martin, the lord of arms, make money?"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#Introduction\" >Introduction<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#Company_history\" >Company history<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#The_worlds_largest_arms_dealer\" >The world&#8217;s largest arms dealer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#The_top_five_arms_dealers_in_the_United_States\" >The top five arms dealers in the United States<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#Previous_mergers_and_acquisitions\" >Previous mergers and acquisitions<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#Top_10_suppliers_for_Department_of_Defense\" >Top 10 suppliers for Department of Defense<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#Product_lines\" >Product lines<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#BUs_of_the_company\" >BUs of the company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#Business_performance\" >Business performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#Company_performance_comparison\" >Company performance comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#Stock_price_market_valuation_comparison\" >Stock price market valuation comparison<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#Living_off_the_flames_of_war\" >Living off the flames of war<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span>Introduction<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_history\"><\/span>Company history<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Lockheed. Martin (ticker: LMT) is an American aerospace manufacturer that was formed in 1995 through the merger of Lockheed Corporation and Martin Marietta Corporation. Lockheed. Martin is world-famous for developing and manufacturing military aircraft, and its products are used by many countries.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_worlds_largest_arms_dealer\"><\/span>The world&#8217;s largest arms dealer<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Lockheed Martin is the world&#8217;s largest defense industry contractor in terms of total revenue. As of 2009, 74% of Lockheed Martin&#8217;s revenue came from the U.S. Department of Defense, other U.S. federal agencies and the militaries of other countries.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_top_five_arms_dealers_in_the_United_States\"><\/span>The top five arms dealers in the United States<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Lockheed. Martin is the first of the five largest arms dealers in the United States, including Lockheed. Martin, Northrop Grumman (ticker: NOC), Raytheon Technologies (ticker: RTX), Boeing, and General Dynamics (ticker: GD).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Previous_mergers_and_acquisitions\"><\/span>Previous mergers and acquisitions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In 1998, Lockheed. Martin abandons merger plan with Northrop Grumman. If the merger of the two companies is successful, the combined company will control 25% of the US Department of Defense funding. Obviously, no one in charge of the competent authorities in the United States would like to see this happen &#8211; because national defense arms are not an ordinary business and are related to the national security and national strength of the United States.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Top_10_suppliers_for_Department_of_Defense\"><\/span>Top 10 suppliers for Department of Defense<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>According to the <a href=\"https:\/\/oldcc.gov\/sites\/default\/files\/OLDCC_DSBS_FY2021_FINAL_WEB.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">2021 U.S. Defense Spending Report<\/a>, the following are the largest suppliers and sales contract amounts of the U.S. Department of Defense:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Lockheed Martin: $39.2 billion<\/li>\n\n\n\n<li>Boeing: $23.6 billion. For Boeing company detail discussion, please read my post : &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/10\/29\/boeing-too-big-to-fall\/\">How does Boeing make money? Too big to fall<\/a>&#8220;.<\/li>\n\n\n\n<li>Raytheon Technologies: $21.4 billion<\/li>\n\n\n\n<li>General Dynamics: $16.9 billion<\/li>\n\n\n\n<li>Northrop Grumman: $15 billion<\/li>\n\n\n\n<li>Pfizer, Inc (ticker: PFE): $13.3 billion<\/li>\n\n\n\n<li>L3Harris Technologies (ticker: LHX): $7.5 billion<\/li>\n\n\n\n<li>Humana (ticker: HUM): $7.1 billion<\/li>\n\n\n\n<li>Huntington Ingalls (ticker: HII): $7 billion<\/li>\n\n\n\n<li>Moderna, Inc (ticker: MRNA): $6.9 billion<\/li>\n<\/ol>\n\n\n\n<p>Among the top ten manufacturers with the highest contract amounts, except for six, eight, and ten who are health care companies (because of the Covid-19 pandemic and vaccines), they are all arms dealers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Product_lines\"><\/span>Product lines<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Product line<\/td><td>Famous products<\/td><\/tr><tr><td>Radar<\/td><td>Aegis combat system<\/td><\/tr><tr><td>Military transport aircraft<\/td><td><a href=\"https:\/\/zh.wikipedia.org\/wiki\/C-130\" target=\"_blank\" rel=\"noopener\">C-130<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%B4%9B%E5%85%8B%E5%B8%8C%E5%BE%B7C-141%22%E6%98%9F%22%E5%BC%8F%E8%BF%90%E8%BE%93%E6%9C%BA\" target=\"_blank\" rel=\"noopener\">C-141<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/C-5\" target=\"_blank\" rel=\"noopener\">C-5<\/a><\/td><\/tr><tr><td>Fighter<\/td><td><a href=\"https:\/\/zh.wikipedia.org\/wiki\/F-104\" target=\"_blank\" rel=\"noopener\">F-104<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/F-16\" target=\"_blank\" rel=\"noopener\">F-16<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/F-117\" target=\"_blank\" rel=\"noopener\">F-117<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/F-22\" target=\"_blank\" rel=\"noopener\">F-22<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/F-35\" target=\"_blank\" rel=\"noopener\">F-35<\/a><\/td><\/tr><tr><td>Reconnaissance aircraft<\/td><td><a href=\"https:\/\/zh.wikipedia.org\/wiki\/A-12\" target=\"_blank\" rel=\"noopener\">A-12<\/a>\/<a href=\"https:\/\/zh.wikipedia.org\/wiki\/SR-71\" target=\"_blank\" rel=\"noopener\">SR-71<\/a>\/<a href=\"https:\/\/zh.wikipedia.org\/wiki\/SR-72\" target=\"_blank\" rel=\"noopener\">SR-72<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/RQ-170%E5%81%B5%E6%9F%A5%E6%A9%9F\" target=\"_blank\" rel=\"noopener\">RQ-170<\/a><\/td><\/tr><tr><td>Rockets and missiles<\/td><td><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E4%B8%89%E5%8F%89%E6%88%9F%E9%A3%9B%E5%BD%88\" target=\"_blank\" rel=\"noopener\">Trident (missile)<\/a><br>Titan<br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/RUM-139_%E9%98%BF%E6%96%AF%E6%B4%9B%E5%85%8B%E5%8F%8D%E6%BD%9C%E5%AF%BC%E5%BC%B9\" target=\"_blank\" rel=\"noopener\">RUM-139<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/AGM-158_JASSM\" target=\"_blank\" rel=\"noopener\">AGM-158 JASSM<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/AGM-158C%E8%BF%9C%E7%A8%8B%E5%8F%8D%E8%88%B0%E5%AF%BC%E5%BC%B9\" target=\"_blank\" rel=\"noopener\">AGM-158C<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/AGM-114%E5%9C%B0%E7%8D%84%E7%81%AB%E9%A3%9B%E5%BD%88\" target=\"_blank\" rel=\"noopener\">AGM-114<\/a><\/td><\/tr><tr><td>Satellite<\/td><td>DSCS-3<br>A2100 Satellite platform <a href=\"https:\/\/zh.wikipedia.org\/wiki\/BSAT-3a%E5%BB%A3%E6%92%AD%E8%A1%9B%E6%98%9F\" target=\"_blank\" rel=\"noopener\">BSAT-3a<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/BSAT-3b%E5%BB%A3%E6%92%AD%E8%A1%9B%E6%98%9F\" target=\"_blank\" rel=\"noopener\">BSAT-3b<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/BSAT-3c%E5%BB%A3%E6%92%AD%E5%8F%8A%E9%80%9A%E8%A8%8A%E8%A1%9B%E6%98%9F\" target=\"_blank\" rel=\"noopener\">BSAT-3c\/JCSAT-110R<\/a><br>Martin Marietta 3000<br>Martin Marietta 4000<br>Martin Marietta 8000<br>Tiros-N meteorological satellite<\/td><\/tr><tr><td>Airliner<\/td><td><a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_Vega&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">Lockheed Vega<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_Model_10_Electra&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">Lockheed Model 10 Electra<br><\/a><a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_Model_12_Electra_Junior&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">Lockheed Model 12 Electra Junior<\/a><br>Lockheed Model 14 Super Electra<br><a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_Model_18_Lodestar&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">Lockheed Model 18 Lodestar<\/a><br>Lockheed Constellation<br>Lockheed Constellation <a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_L-049_Constellation&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">L-049<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_L-649_Constellation&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">Lockheed Constellation<\/a> <a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_L-649_Constellation&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">L-649<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_L-749_Constellation&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">Lockheed Constellation<\/a> <a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_L-749_Constellation&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">L-749<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/Lockheed_L-1049_Super_Constellation\" target=\"_blank\" rel=\"noopener\">Lockheed Constellation<\/a> <a href=\"https:\/\/zh.wikipedia.org\/wiki\/Lockheed_L-1049_Super_Constellation\" target=\"_blank\" rel=\"noopener\">L-1049<\/a><br>Lockheed Constellation <a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_L-1649_Starliner&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">L-1649<\/a><br>Lockheed Saturn<br><a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_L-188_Electra&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">Lockheed L-188 Electra<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/w\/index.php?title=Lockheed_JetStar&amp;action=edit&amp;redlink=1\" target=\"_blank\" rel=\"noopener\">Lockheed Jetstar<\/a><br><a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%B4%9B%E6%AD%87%E4%B8%89%E6%98%9F\" target=\"_blank\" rel=\"noopener\">Lockheed<\/a> <a href=\"https:\/\/zh.wikipedia.org\/wiki\/%E6%B4%9B%E6%AD%87%E4%B8%89%E6%98%9F\" target=\"_blank\" rel=\"noopener\">L-1011<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"BUs_of_the_company\"><\/span>BUs of the company<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The table below is Lockheed. Martin Corporation&#8217;s four main operating segments:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>BU<\/td><td>2022 revenue (US million)<\/td><td>Famous products<\/td><\/tr><tr><td>Aeronautics<\/td><td>26,987<\/td><td>F16, F35, F22<\/td><\/tr><tr><td>Missiles and Fire Control<\/td><td>11,317<\/td><td>THAAD, MIM-104 Patriot<\/td><\/tr><tr><td>Missiles and Fire Control<\/td><td>16,148<\/td><td>Blackhawk helicopter, sea-to-ground, sea-to-air missile launch system<\/td><\/tr><tr><td>Space<\/td><td>11,532<\/td><td>BSAT series of satellite systems<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_performance\"><\/span>Business performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_performance_comparison\"><\/span>Company performance comparison<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Metric <\/td><td>Boeing<\/td><td>Air Bus<\/td><td>Lockheed Martin<\/td><td>Northrop Grumman<\/td><td>Raytheon Technologies<\/td><\/tr><tr><td>2022 revenue (US million)<\/td><td>66,608  +6.94%<\/td><td>62,922.2 +6%<\/td><td>65,984 -1.58%<\/td><td>36,602 +2.62%<\/td><td>67,074 +4.17%<\/td><\/tr><tr><td>Gross margin<\/td><td>7.89%<\/td><td>17.82%<\/td><td>12.71%<\/td><td>20.42%<\/td><td>20.38%<\/td><\/tr><tr><td>Operating margin<\/td><td>(1.27)%<\/td><td>8.77%<\/td><td>11.32%<\/td><td>17.32%<\/td><td>10.76%<\/td><\/tr><tr><td>Net margin<\/td><td>(7.41)%<\/td><td>7.23%<\/td><td>8.69%<\/td><td>13.38%<\/td><td>7.75%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_price_market_valuation_comparison\"><\/span>Stock price market valuation comparison<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Metric (9\/21\/2023)<\/td><td>Boeing<\/td><td>Air Bus<\/td><td>Lockheed Martin<\/td><td>Northrop Grumman<\/td><td>Raytheon Technologies<\/td><\/tr><tr><td>Market Value (US billion)<\/td><td>119.26<\/td><td>104.22<\/td><td>104.17<\/td><td>64.29<\/td><td>104.19<\/td><\/tr><tr><td>Share price<\/td><td>197.71<\/td><td>32.8<\/td><td>413.65<\/td><td>424.9<\/td><td>71.58<\/td><\/tr><tr><td>P\/E<\/td><td>0<\/td><td>25.04<\/td><td>15.12<\/td><td>14.08<\/td><td>18.98<\/td><\/tr><tr><td>P\/S<\/td><td>1.63<\/td><td>1.58<\/td><td>1.6<\/td><td>1.77<\/td><td>1.58<\/td><\/tr><tr><td>Dividend yield<\/td><td>0<\/td><td>1.44%<\/td><td>2.9%<\/td><td>1.76%<\/td><td>3.3%<\/td><\/tr><tr><td>Stock performance in past 5 years<\/td><td>-46.84%<\/td><td>+4.86%<\/td><td>+19.57%<\/td><td>+33.88%<\/td><td>-18.34%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Living_off_the_flames_of_war\"><\/span>Living off the flames of war<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>On October 6, 2023, Palestinian Hamas and Israel went to war. Thousands of people died in one day, and the conflict in the Middle East escalated. After the weekend&#8217;s precipitation, at the close of trading on Monday, October 9, Lockheed Martin&#8217;s stock price rose by more than 8.93% in one day; Raytheon rose by 4.62%.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"308\" height=\"46\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2023\/09\/LMT-1600x1200-1.jpg\" alt=\"Lockheed Martin\" class=\"wp-image-21774\" style=\"width:308px;height:46px\" srcset=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2023\/09\/LMT-1600x1200-1.jpg 308w, https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2023\/09\/LMT-1600x1200-1-300x45.jpg 300w\" sizes=\"auto, (max-width: 308px) 85vw, 308px\" \/><figcaption class=\"wp-element-caption\">credit: Wiki<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/11\/03\/low-orbit-satellites\/\" target=\"_blank\" rel=\"noreferrer noopener\">Low-orbit satellites (LOS) progress, relevant companies<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/10\/06\/companies-us-has-stake\/\">Companies US has stake, and their stock performance<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/04\/14\/ge-spinoff\/\" target=\"_blank\" rel=\"noreferrer noopener\">How did three listed companies make money after GE spinoff? 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I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Introduction Company history Lockheed. Martin (ticker: LMT) is an American aerospace manufacturer that was formed in 1995 through the merger of Lockheed Corporation and Martin Marietta Corporation. Lockheed. Martin is world-famous for developing and manufacturing military aircraft, and its products are used by many countries. The world&#8217;s largest arms dealer Lockheed Martin is the world&#8217;s &hellip; <a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/10\/14\/lockheed-martin\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How does Lockheed Martin, the lord of arms, make money?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":21774,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[453,1072,734,28],"tags":[904,572,1099,1097,1098,604,782,906,474,870],"class_list":["post-21764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-defense","category-aerospace","category-industrials","category-us-stock-market","tag-ba","tag-gd","tag-hii","tag-hum","tag-lhx","tag-lmt","tag-mrna","tag-noc","tag-pfe","tag-rtx"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/21764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=21764"}],"version-history":[{"count":36,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/21764\/revisions"}],"predecessor-version":[{"id":39242,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/21764\/revisions\/39242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/21774"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=21764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=21764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=21764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}