Lockheed Martin Corp (LMT)

justintime1003 (20.33) Submitted: 6/2/2009 12:29:13 AM : Start Price: $83.23 LMT Score: +24.79

-For the past 7 years, defense spending has increased and 2010 will be the last year of this trend.

-During the next 5 years, the military will be reducing costs. Defense Secretary Gates will shift the budget priority away from big-ticket items like the LMT-made F-22 Raptor (with production being suspended in 2011) to a budget that favors investing in and expanding the Army, Marine Corps, and unconventional warfare.

-The Defense Secretary's plan is supported by leading Republicans, including Senator John McCain:

"It has long been necessary to shift spending away from weapon systems plagued by scheduling and cost overruns to ones that strike the correct balance between the needs of our deployed forces and the requirements for meeting the emerging threats of tomorrow. I believe Secretary Gates' decision is key to ensuring that the defense establishment closes the gap between the way it supports current operations and the way it prepares for future conventional threats."
from: http://www.cnn.com/2009/POLITICS/04/06/gates.budget.cuts/index.html

protege (86.15) Submitted: 4/11/2009 11:02:37 PM : Start Price: $71.59 LMT Score: +22.75

If you had the good sense to buy LMT with the declaration of war, good for you. If you had the sense to hold on to it post “Mission Accomplished” you are a Fool’s Fool. But now from auspicious highs to mid level ranges and the S&P walking around still licking about 80% of its off-high losses, I think Lockheed is going to stay in lockstep with the 500 for the next year or so, after which the S&P will be on the rise at a rate that exceeds valuation of this type of matured, military-spending driven share.

APJ4RealHoldings (85.00) Submitted: 3/9/2009 4:16:35 PM : Start Price: $58.25 LMT Score: +28.12

defense industry. Sold short this stock in real life portfolio @58.23/share.

akdag (< 20) Submitted: 2/26/2009 10:55:46 AM : Start Price: $83.73 LMT Score: +21.29

Just like RTN they are not the focus of the new administration any longer. While they don't solely rely on the gov't for contracts a large chunk of their revenue stream is provided by Uncle Sam. Unless they shift focus more towards the development and implementation of alternative energies or the private sector I don't see how they can keep up former levels of revenue with the new admins in town...

PrestigeWW (90.22) Submitted: 12/1/2008 2:18:28 PM : Start Price: $70.53 LMT Score: +25.49

With the Draw back in Iraq and Democrats taking taking the lead in the next few months, military spending will drastically drop

Yoness (24.75) Submitted: 9/17/2008 7:23:52 PM : Start Price: $103.54 LMT Score: +21.17

NATURAL CYCLE

thorgamma (42.51) Submitted: 8/28/2008 9:56:24 AM : Start Price: $113.36 LMT Score: +19.57

Sell at the high. US Defense spending should go down in any kind of tolerable post-Bush scenario.

ThaPlayboy (74.30) Submitted: 4/25/2008 11:26:34 PM : Start Price: $103.03 LMT Score: +6.32

Pay close attention to the little things that are saying a little trouble is ahead.

teak999 (< 20) Submitted: 4/25/2008 7:10:09 AM : Start Price: $102.91 LMT Score: +6.48

with the market in a slump, election time, and service people abroad, this is going to be a slow mover for awhile. keep an eye on it for the next year.

REIN (93.64) Submitted: 2/7/2008 7:54:10 PM : Start Price: $101.47 LMT Score: +9.75

The market has been in their favor for a long time. How much better can it get. Too much spending on war. The public wants to reverse the trend and a new president will probably appease

maz3r (49.75) Submitted: 9/24/2007 4:26:19 PM : Start Price: $97.73 LMT Score: -3.05

The democrats are coming! Look for cutbacks in defense spending and congressional investigations into current defense contracts.

larryboymi (< 20) Submitted: 12/27/2006 1:54:50 PM : Start Price: $87.15 LMT Score: -6.89

I work for this company, and I think we're doing great, although I always get concerned when any stock is over 50% up on the year. Seems that there can't be many big fish contracts out there yet to win for the near term.

kayrate7 (< 20) Submitted: 12/9/2006 7:31:26 PM : Start Price: $86.45 LMT Score: -7.33

With the loss of it's military launch services, LMT will eventually invest in more commercial space projects along with the CEV program

Rennyj (77.08) Submitted: 11/16/2006 9:47:59 PM : Start Price: $84.40 LMT Score: -8.65

They have a great run, but the Democrats are going to put a stop to that real quick.

hahnsolo (70.23) Submitted: 10/6/2006 9:55:56 AM : Start Price: $82.39 LMT Score: -7.34

We have hit the top of the defense stock bubble

cunnin7003 (88.57) Submitted: 9/21/2006 12:58:55 AM : Start Price: $78.32 LMT Score: -11.21

I bought this at $17 years ago when they dropped by more than 50% in one day on the belief that the govn could never let a major defence contractor go under. And also on the belief that a new administration might be heavier defence spenders than Clinton (I never expected this though). Well, now we're basically in the exact opposite position now, with a new administration due up in a couple years. I'm holding for now (gotta time things right for tax purposes), but I expect that within 2 to 4 years this stock could be on the wrong side of the political environment (I can only hope). I'm calling it an underperform for 5 years, but really 5 years is a bit short for my thinking, I'm almost sure over ten years LMT will underperform, but they conceivably could continue to perform well for the next few years, but I expect clouds on the horizon.