Market cap
$116.6bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
During the six months ended June 28, 2026, 70% of our $38.1 billion in sales were from the U.S. Department of War (DoW), also known as the Department of Defense under 10 U.S.C. ยง 111(a)), and 30% were from international customers (including foreign military sales (FMS) contracted through the U.S. Government, from which we derived 70% of our sales during the six months ended June 28, 2026, including 61% from the DoW. This increase was due to higher product sales of approximately $650 million at Aeronautics (higher volume on F-35 production contracts and the sales impact of the 2025 reach-forward loss on a classified program); $635 million at MFC (production ramp-up on Patriot Advanced Capabil …LOCKHEED MARTIN CORP, 10-Q, period ended 2026-06-28, filed 2026-07-23