Lockheed Martin(LMT) ZACKS·2025-01-24 15:21Lockheed Martin's Recent Deal - Lockheed Martin secured a $270 million contract from the US Air Force to integrate next-generation infrared defensive sensors on the F-22 Raptor [1] - The new Infrared Defensive System, developed by Lockheed, enhances the F-22's capability and endurance [1] F-22 Raptor Capabilities - The F-22 is one of the most advanced fifth-generation fighter jets, known for its stealth, speed, agility, and situational awareness [2] - It provides unparalleled battlespace awareness by gathering and exchanging tactical information with friendly assets [3] Military Aviation Market Growth - Rising military conflicts and technological advancements are driving increased defense spending on combat-proven jets [4] - The military aviation market is forecasted to grow at a CAGR of 4.7% from 2025 to 2030 [4] Lockheed Martin's Growth Prospects - Lockheed's robust portfolio of combat jets, including the F-35, F-21, F-2, F-16, and F-22, positions it well to benefit from market growth [5] Opportunities for Other Aerospace Defense Companies - Northrop Grumman (NOC) has a long-term earnings growth rate of 19% and is expected to see a 3.6% improvement in 2025 sales [6][7] - Boeing (BA) has a long-term earnings growth rate of 19.3% and is expected to see a 23.5% improvement in 2025 sales [7][8] - Embraer (ERJ) is expected to see a 17.8% growth in 2025 sales and delivered an average earnings surprise of 127.28% in the last four quarters [8][9] Lockheed Martin Stock Performance - Lockheed's shares rose 1.9% in the past month, compared to the industry's growth of 4% [10] - The company currently carries a Zacks Rank 3 (Hold) [11]