LMT's Rotary and Mission Systems Sales to Rise on Key Defense Deals
Key Takeaways LMT's RMS segment saw sales grow 16.7% YoY, supported by strong demand for defense systems. New contracts include Sweden's adoption of TPY-4 radar and a $25M deal for Sentinel A4 engineering services. LMT trades at a forward P/E of 16.98X, below the industry average.Lockheed Martin Corporation (LMT) is a prominent forerunner in the global defense space, especially in the United States, where it is the largest defense contractor. With its Rotary and Mission Systems (RMS) business segment, LMT ...