David Burritt - Lockheed Martin Independent Director

LMT Stock  USD 456.05  1.74  0.38%   

Director

Mr. David B. Burritt is an Independent Director of Lockheed Martin Corporationrationration. Mr. Burritt was President and Chief Executive Officer of United States Steel Corporation since May 2017. Mr. Burritt also was named to United States Steel Corporation board of directors at that time. Mr. Burritt previously served as President and Chief Operating Officer of United States Steel Corporation from February 2017 to May 2017 Chief Financial Officer from September 2013 to May 2017 and Executive Vice President from September 2013 to February 2017. Prior to joining U.S. Steel, Mr. Burritt served as Chief Financial Officer of Caterpillar Inc. until his retirement in 2010, after more than 32 years with the company since 2008.
Age 65
Tenure 16 years
Address 6801 Rockledge Drive, Bethesda, MD, United States, 20817
Phone301 897 6000
Webhttps://www.lockheedmartin.com
Burritt formerly served as a director of Global Brass & Copper Holdings, Inc. from 2011 until June 2014.

Lockheed Martin Management Efficiency

The company has Return on Asset of 0.1075 % which means that on every $100 spent on assets, it made $0.1075 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.8596 %, implying that it generated $0.8596 on every 100 dollars invested. Lockheed Martin's management efficiency ratios could be used to measure how well Lockheed Martin manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Lockheed Martin's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.14 in 2024, whereas Return On Capital Employed is likely to drop 0.14 in 2024. Change To Liabilities is likely to gain to about 954.5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 11.9 B in 2024.
The company has 17.46 B in debt with debt to equity (D/E) ratio of 0.96, which is OK given its current industry classification. Lockheed Martin has a current ratio of 1.25, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist Lockheed Martin until it has trouble settling it off, either with new capital or with free cash flow. So, Lockheed Martin's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lockheed Martin sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lockheed to invest in growth at high rates of return. When we think about Lockheed Martin's use of debt, we should always consider it together with cash and equity.

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Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland. Lockheed Martin operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 114000 people. Lockheed Martin (LMT) is traded on New York Stock Exchange in USA. It is located in 6801 Rockledge Drive, Bethesda, MD, United States, 20817 and employs 122,000 people. Lockheed Martin is listed under Aerospace & Defense category by Fama And French industry classification.

Management Performance

Lockheed Martin Leadership Team

Elected by the shareholders, the Lockheed Martin's board of directors comprises two types of representatives: Lockheed Martin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lockheed. The board's role is to monitor Lockheed Martin's management team and ensure that shareholders' interests are well served. Lockheed Martin's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lockheed Martin's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephanie Hill, Senior Vice President - Corporate Strategy and Business Development and a Corporate Officer
James Ellis, Independent Director
Timothy Cahill, Senior Vice President - Lockheed Martin International and a Corporate Officer
Nolan Archibald, Independent Director
Debra ReedKlages, Independent Director
David Burritt, Independent Director
Vicki Hollub, Independent Director
Michele Evans, Deputy Executive Vice President - Aeronautics Business
Richard Edwards, Executive Vice President - Missiles and Fire Control
Patricia Yarrington, Independent Director
Dana Jackson, CTO, Vice President
Rosalind Brewer, Independent Director
Maria Lee, VP Treasurer
Daniel Akerson, Lead Independent Director
Greg Gardner, Vice President IR Contact Officer
Yvonne Hodge, Senior CIO
Dean Acosta, Senior Vice President - Communications
Brian Colan, Chief Accounting Officer, Vice President, Controller
Rodney Makoske, Chief Technology
OJ Sanchez, Vice President and General Manager for Aeronautics Integrated Fighter Group
James Taiclet, Chairman of the Board, President, Chief Executive Officer
Bridget Lauderdale, Vice President General Manager
Anne Stevens, Independent Director
Scott Greene, Executive Vice President - Missiles and Fire Control
David Trulio, Vice President - International Government Affairs, Operations, and Regional Executive
Joseph Dunford, Independent Director
John Mollardas, Vice President Treasurer and Corporate Officer
Gregory Ulmer, Acting Executive Vice President - Aeronautics
Bruce Tanner, CFO and Executive VP
Jeh Johnson, Independent Director
John Donovan, Independent Director
Roderick McLean, Vice President General Manager
Kenneth Possenriede, Chief Financial Officer, Executive Vice President
Marillyn Hewson, Chairman, CEO and President and Chairman of Executive Committee
Jeff Babione, Vice President General Manager
Greg Psihas, Vice President - Corporate Development
Edward III, VP Accounting
Orlando Carvalho, Executive VP of Lockheed Martin Aeronautics Company
Frank John, Executive Vice President of the Rotary and Mission Systems business segment
Christopher Moran, General Manager of Lockheed Martin Ventures, Executive Director
Jesus Malave, Chief Financial Officer
Robert Mullins, Senior Vice President - Corporate Strategy and Business Development
John Rood, Senior Vice President - Lockheed Martin International and Corporate Officer
William Blair, CEO India
Bruce Carlson, Independent Director
Thomas Falk, Independent Director
Robert Lightfoot, Vice President of Strategy and Business Development
Sondra Barbour, Executive VP of Information Systems and Global Solutions
James Loy, Independent Director
John Mollard, Interim Acting Chief Financial Officer, Vice President, Treasurer
Patrick Dewar, Executive Vice President - Lockheed Martin International
Jerry Kircher, Vice President - Investor Relations
Gwendolyn King, Independent Director
Maryanne Lavan, Senior Vice President, General Counsel, Corporate Secretary
General Nicholson, Chief East
Dale Bennett, Executive Vice President - Mission Systems and Training
Joseph Ralston, Independent Director
Rob Weisson, Vice President General Manager
Christopher Wronsky, Senior Officer
Ilene Gordon, Independent Director
Richard Ambrose, Executive Vice President - Space Systems Business

Lockheed Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Lockheed Martin a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Lockheed Martin Investors Sentiment

The influence of Lockheed Martin's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Lockheed. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Lockheed Martin's public news can be used to forecast risks associated with an investment in Lockheed. The trend in average sentiment can be used to explain how an investor holding Lockheed can time the market purely based on public headlines and social activities around Lockheed Martin. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Lockheed Martin's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Lockheed Martin's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Lockheed Martin's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lockheed Martin.

Lockheed Martin Implied Volatility

    
  32.7  
Lockheed Martin's implied volatility exposes the market's sentiment of Lockheed Martin stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Lockheed Martin's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Lockheed Martin stock will not fluctuate a lot when Lockheed Martin's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lockheed Martin in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lockheed Martin's short interest history, or implied volatility extrapolated from Lockheed Martin options trading.

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When determining whether Lockheed Martin is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lockheed Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lockheed Martin Stock. Highlighted below are key reports to facilitate an investment decision about Lockheed Martin Stock:
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When running Lockheed Martin's price analysis, check to measure Lockheed Martin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lockheed Martin is operating at the current time. Most of Lockheed Martin's value examination focuses on studying past and present price action to predict the probability of Lockheed Martin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lockheed Martin's price. Additionally, you may evaluate how the addition of Lockheed Martin to your portfolios can decrease your overall portfolio volatility.
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Is Lockheed Martin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lockheed Martin. If investors know Lockheed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lockheed Martin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.024
Dividend Share
12.15
Earnings Share
27.53
Revenue Per Share
269.96
Quarterly Revenue Growth
(0.01)
The market value of Lockheed Martin is measured differently than its book value, which is the value of Lockheed that is recorded on the company's balance sheet. Investors also form their own opinion of Lockheed Martin's value that differs from its market value or its book value, called intrinsic value, which is Lockheed Martin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lockheed Martin's market value can be influenced by many factors that don't directly affect Lockheed Martin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lockheed Martin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lockheed Martin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lockheed Martin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.