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Lockheed Martin Corporation ESG Profile (LMT): Is It Sustainable?

Updated on July 12, 2024

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Home • Stocks • Aerospace And Defense

Our Lockheed Martin Corporation (LMT) ESG Review

Lockheed Martin Corporation
$471.32
SymbolLMT
Price$471.32
52 Week High 📈$618.95
52 Week Low 📉$418.88
Earnings Per Share 💵23.19
Dividend Yield 🔁2.8

Our Take

Lockheed Martin is one of the world’s largest aerospace and defense contractors. The company employs over 100,000 people worldwide and is headquartered in Bethesda, Maryland. Lockheed Martin’s most famous products include the F-35 Lightning II fighter jet, the C-130J Super Hercules transport plane, and the Littoral Combat Ship. The company has a long history of involvement in the US military-industrial complex and has been involved in numerous wars and military conflicts.
Lockheed Martin is a publicly traded company with a market capitalization of over $80 billion. The company’s stock is listed on the New York Stock Exchange and is a component of the S&P 500 index.
Lockheed Martin receives mixed ratings from the three main ESG rating agencies. Sustainalytics rates Lockheed Martin as a “medium” risk, MSCI gives the company a “BBB” rating, and RepRisk ranks Lockheed Martin as a “Category 4” risk.

What We Like
  • Diverse product portfolio with significant growth potential

  • Strong financial performance with consistent EPS and dividend growth

  • Leading position in many key markets

What We Don't Like
  • High debt load

  • Lack of transparency surrounding some aspects of the business, such as lobbying efforts

Sector: Industrials
Industry: Aerospace and Defense
Website: www.lockheedmartin.com
Business Description

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters; ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defense systems; radar systems; the Littoral combat ship; simulation and training services; and unmanned systems and technologies. It also supports government customers in cybersecurity; and delivers communications, and command and control capabilities through mission solutions for defense applications. In addition, this segment provides aftermarket service and support solutions to commercial and military customers. The Space Systems segment offers satellites, strategic and defensive missile systems, and space transportation systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. Lockheed Martin Corporation was founded in 1909 and is headquartered in Bethesda, Maryland.

CompanyLockheed Martin Corporation
ExchangeNYSE
Address6801 Rockledge Drive,, Bethesda, USA
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FAQ

How much is Lockheed Martin Corporation (LMT) stock?

The current stock price of Lockheed Martin Corporation (LMT) is $471.32.

What is Lockheed Martin Corporation (LMT)'s ESG Score?

Lockheed Martin Corporation (LMT) has an ESG score of 64, BBB, and aaa as rated from Sustainalytics, ESG Enterprise, and MSCI, respectively.

Stocks

Lockheed Martin Corporation
$471.32
Open $468.40
High $474.90
Close $468.21
Low $467.06
Volume 922,625

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