Lockheed Martin Corporation (LMT): A Bull Case Theory

We came across a bullish thesis on Lockheed Martin Corporation on Stock Region Research’s Substack by Stock Region. In this article, we will summarize the bull’s thesis on LMT. Lockheed Martin Corporation's share was trading at $458.39 as of June 25^th. LMT’s trailing and forward P/E ratios were 19.76 and 16.81, respectively, according to Yahoo Finance.

Lockheed Martin has reinforced its international footprint by entering a new strategic partnership with Korea Aerospace Industries to co-develop rotorcraft, unmanned aerial vehicles (UAVs), and space systems. This collaboration deepens a 30-year alliance that includes successful joint ventures like the production of F-16 fighter jets.

The timing of this renewed cooperation is critical, as escalating global geopolitical tensions have strengthened Lockheed’s standing in the defense sector. The market responded positively to the news, with Lockheed’s stock rising 3% on the day, significantly outperforming broader indices. Technical market indicators suggest the stock could see further movement, with upside potential above $468.50 or downside risk below $464.01.

For investors, Lockheed Martin represents more than just another defense stock—it embodies a long-term strategic asset. Its proven track record of innovation, strong global partnerships, and dependable execution continue to make it a standout in the sector. This new collaboration not only enhances Lockheed’s technological capabilities but also solidifies its relevance in the evolving landscape of modern defense.

For long-term holders, the company’s resilient business model and leadership in aerospace and defense technology provide a durable foundation for growth. In an uncertain world, Lockheed Martin offers the stability of a global defense giant with the upside of continued innovation, making it a compelling hold for those looking for strength and strategic foresight in their portfolio.

Previously, we covered a bullish thesis on Lockheed Martin Corporation by Steve Wagner in April 2025, which highlighted strong Q1 results, a robust backlog, and the Amentum acquisition. The company’s stock price has depreciated by approximately 1.8% since our coverage. This is because the thesis hasn’t yet played out. Stock Region shares a similar view but emphasizes Lockheed’s global partnerships and geopolitical relevance.

LMT isn't on our list of the 30 Most Popular Stocks Among Hedge Funds. While we acknowledge the risk and potential of LMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article was originally published at Insider Monkey.