Company Of The Day: Lockheed Martin

-6.07%
Downside
484
Market
455
Trefis
LMT: Lockheed Martin logo
LMT
Lockheed Martin

What?

Lockheed Martin (NYSE:LMT) has terminated its $4.4 billion agreement to purchase rocket engine manufacturer Aerojet Rocketdyne.

Why?

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The deal has faced regulatory roadblocks, with the U.S. Federal Trade Commission filing a lawsuit in January seeking to block the acquisition.

So What?

Lockheed stock declined by about 2% in Monday’s trading.

See Our Complete Analysis For Lockheed Martin

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Feb 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 LMT Return 1% 10% 57%
 S&P 500 Return -2% -7% 97%
 Trefis MS Portfolio Return 1% -9% 258%

[1] Month-to-date and year-to-date as of 2/15/2022
[2] Cumulative total returns since the end of 2016

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