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Lockheed Martin Corporation

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Lockheed Martin ended second quarter 2018 on an impressive note, with both its top and bottom-line having comfortably surpassed the respective Zacks Consensus Estimate. Being the largest defense contractor in the world, Lockheed Martin experiences strong demand for its high-end military equipments in domestic as well as international markets. Consequently, strong order growth has been a primary growth driver for this company. Lockheed Martin continues to be a strong cash generator, helping it to take important cash deployment decisions. The recent adoption of expansionary budgetary policies in the United States will immensely boost this defense prime's business growth. As a result, the company’s shares have outperformed its industry in past one month. However, the company faces intense competition for its broad portfolio of products and services in both domestic and international markets.

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