Lockheed Rides on Solid Order Growth Despite Labor Shortage
Lockheed Martin(LMT) ZACKS·2024-09-04 23:00
Lockheed Martin Corp.’s (LMT) steady inflow of orders for its diverse defense products is likely to boost its revenues. The company holds a strong solvency position as well as a solid presence in the international defense market.However, this Zacks Rank #3 (Hold) company faces risks like the shortage of skilled labor and sanctions imposed by China, which act as a headwind.Tailwinds Favoring LMT In the second quarter of 2024, Lockheed kept up with its tradition of securing several significant contracts from ...