Got $10,000? Lockheed Martin Could Be a Defense Powerhouse That Outlasts Trump's Term

Lockheed Martin reported flat sales and falling profits, disappointing investors on its Thursday earnings update. The offset is continued investment in production expansion, which could increase missile sales by three to four times over time. The report is mildly negative near term, but the capacity buildout may support longer-term revenue growth.

Analysis

Lockheed Martin reported flat sales and falling profits, disappointing investors on its Thursday earnings update. The offset is continued investment in production expansion, which could increase missile sales by three to four times over time. The report is mildly negative near term, but the capacity buildout may support longer-term revenue growth.