Is Lockheed Martin Stock a Buy? | The Motley Fool
It's getting harder to generate margin expansion in the defense industry.
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It's getting harder to generate margin expansion in the defense industry.
In 2023, though not the best year for industrial deals, US bankers have created over $200bn in transactions involving industrial companies
Stephen Angel, formerly the CEO of chemicals company Linde, will become the non-executive chairman of the board of GE Vernova, which is set to spin off as an independent public company from General Electric during the second quarter of 2024. The other members of GE Vernova's board of directors include former Shell Chief Financial Officer Jessica Uhl, incumbent GE Vernova CEO Scott Strazik and current Lockheed Martin CFO Jesus Malave, GE said Tuesday.
The defense giant has margin growth opportunities, but it also faces political uncertainty and some near-term headwinds in its fastest-growing segment.
For supplying weapons to Taiwan, United States war corporations Lockheed Martin and Raytheon Technologies Corp. have been sanctioned by communist China as the conflict between it and the West [...]