Bethesda, Maryland-based Lockheed Martin Corporation (LMT) is an aerospace and defense company that researches, designs, develops, manufactures, integrates, and sustains technology systems, products, and services. Valued at $120.1 billion by market cap, the company’s businesses span space, telecommunications, electronics, information and services, aeronautics, energy, and systems integration. The world's largest defense contractor is expected to announce its fiscal third-quarter earnings for 2025 before th ...

Key Takeaways Rising global demand for satellite-based communications, Earth observation and cybersecurity systems, along with increasing government investments in space exploration and space-based defense programs, has been driving the space technology market in recent times. This trend has proved to be beneficial for Lockheed Martin's ((LMT) Space segment, fueling its growth through major contracts involving satellite manufacturing as well as missile-defense programs that depend on space technologies. Int ...