Lockheed Martin's Backlog Is Soaring: Time to Buy the Stock

Impact · against what's priced in

The reported backlog surge for Lockheed Martin provides evidence for the margin expansion the market has previously declined to price in, though it does not yet prove revenue acceleration beyond 5.7%. The mention of fixed-price contract risks for Boeing and RTX reinforces existing market skepticism regarding their margin recovery.

LMT+0.30

Challenges what's priced in

The price assumes

The margin expansion bulls expect from the PAC-3 ACE cost-reduction and ATACMS joint production