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Morningstar•August 04, 2021
Morningstar•August 04, 2021Lockheed Martin Corporation: Lockheed Martin Remains a High-Quality Defense Prime Contractor
Summary
Lockheed Martin is the largest defense contractor globally and has dominated the Western market for high-end fighter aircraft since being awarded the F-35 program in 2001. Lockheed’s largest segment is Aeronautics, which is dominated by the massive F-35 program. Lockheed’s remaining segments are rotary & mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and
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Analyst Profile
Burkett Huey
Equity AnalystBurkett Huey is an equity analyst on the financial-services team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He assists in the coverage of REIT, banking, and Insurance companies.Before joining Morningstar 2016, Huey worked for the State of the Rockies research program and wrote his undergraduate thesis on the economics of water transfers in Western Colorado. After joining Morningstar, Huey worked in various operations roles before transitioning to his current role.Huey holds a bachelor’s degree in economics from Colorado College. He also is a Level II candidate in the Chartered Financial Analyst® program.