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Trading financial products on margin carries a high risk and is not suitable for all investors. Ensure you fully understand the risks and take appropriate care to manage your risk.

Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Your capital is at risk.

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Trade [[data.name]]

[[ data.name ]]

[[ data.ticker ]]

[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)

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High: [[ data.high ]]

About

History

Competitors

About

History

Competitors

Lockheed Martin Corporation was founded in 1995 following a merger between two aerospace companies, Lockheed Corporation and Martin Marietta. The new entity has been headquartered in Maryland ever since and, it’s among the world’s most prominent exponents of aerospace, defence, and security technology.

Lockheed Martin employs over 115,000 people, with over 60,000 of those being engineers. It has arms, aerospace, and IT contracts with public and private entities around the world. However, its business model is skewed more towards government contracts. US government contracts account for more than 80% of Lockheed Martin’s revenue. International contracts for just over 10%, and private contracts for less than 5%.

Through its four divisions - Aeronautics, Rotary and Mission Systems (RMS), Space, Missiles and Fire Control (MFC) - Lockheed Martin generated $67 billion worth of revenue in 2021. This equated to a net income of $6.3 billion, putting the company’s market capitalisation at the time over $100 million.

Shares in Lockheed Corporation and Martin Marietta have been available to trade since the 1970s. However, the first time Lockheed Martin stock was listed on the New York Stock Exchange under the ticker NYSE: LMT was in 1995.

The Lockheed Martin share price at that time was below $30. However, as the Lockheed Martin share price history shows, the company has been bullish ever since. Although there have been ups and downs, Lockheed Martin stock has performed well over the last 25+ years. One of the biggest milestones in the Lockheed Martin share price history came in 2007.

Following a steady increase in value, the Lockheed Martin share price eventually breached the $100 mark. A bearish period followed but, by 2014, Lockheed Martin stock was trading above $150. Based on the period between 1995 and December 2022, the highest recorded Lockheed Martin share price was $496.23.

Why trade Lockheed Martin stock when there are other options? Lockheed Martin has long been one of the biggest aeronautics and defence technology companies in the world. Its share price has typically been bullish, with traders seeing an increase of more than 2,200% between 1995 and 2022.

However, Lockheed Martin isn’t the only company in this space. One of its main competitors on the aeronautics side is Boeing. This company also produces defence technology, such as missiles and satellite systems. Raytheon and BAE Systems can also be considered competitors to Lockheed Martin, but Boeing remains one of the main alternative trading options at Skilling.

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Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
Spread min [[ data.stats.minSpread ]]
Spread avg [[ data.stats.avgSpread ]]
Min contract size [[ data.minVolume ]]
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Commission and Swap Commission and Swap
Leverage Leverage
Trading Hours Trading Hours

* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

Trade [[data.name]] with Skilling

All Hassle-free, with flexible trade sizes and with zero commissions!*

  • Trade 24/5
  • Minimum margin requirements
  • No commission, only spread
  • Fractional shares available
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*Other fees may apply.

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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.

CFDs
Equities
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Capitalise on rising prices (go long)

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Capitalise on falling prices (go short)

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Trade with leverage
Hold larger positions than the cash you have at your disposal

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Trade on volatility
No need to own the asset

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No commissions
Just low spreads

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Manage risk with in-platform tools
Ability to set take profit and stop loss levels

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Thank you for considering Skilling!

You are about to visit: https://skilling.com/row/ which is operated by Skilling (Seychelles) Ltd, under the Financial Services Authority Seychelles License No: SD042. Before opening an account, please read the terms & conditions and contact our customer support for any questions.

Thank you for considering Skilling!

You are about to visit: https://skilling.com/row/ which is operated by Skilling (Seychelles) Ltd, under the Financial Services Authority Seychelles License No: SD042. Before opening an account, please read the terms & conditions and contact our customer support for any questions.

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