Would it make any sense that LMT is buying back shares and considering a split? I thought the idea of buying back shares was to increase book value per share, reduce the output of dividends to keep them hgiher for stock holders, and reduce volatility. Seems a spllit would be counter productive at this point.
Martin Marietta and Lockheed merged about 14 years ago and I heared the same discussions. There was a lot of synergy and once they consolidated andreduced the ranks, kept the best of the best, the stock has been a performer. Hopefully TQNT and RFMD follow in those foot steps. Reduced overhead and management can really boost the bottom line. Also engineers (especially good RF engineers) are getting as rare as hens teeth. They may need to pool resources ofr research. Many companies are finding it harder to find engineers.
Lockheed perhaps reached the tipping point of being the only defense contractor with the experience and know how that can be trusted to produce a high quality product on schedule and has enough capital to accept higher risk ventures. Lets face it, whether it is aircraft, missiles, helicopter systems, pods, IT, etc. Lockheed has the best of the best. The old timers who retire soon are bring the young whippersnappers up to speed pretty fast now. If the Skunkworks actually shows it can make a fusion reactor, the sky will be the limit.