Lockheed Martin Scores a $15.5 Billion Bonanza for New F-35s. Is the Stock a Buy for 2025?

Lockheed Martin's (NYSE: LMT) F-35 Lightning II stealth fighter jet is the gift that keeps on giving. Estimated to be worth $1 trillion in total lifetime value, the F-35 warplane remains easily Lockheed's most important product. And this was demonstrated once again just late last year, when the week before Christmas saw the Pentagon deliver three gifts to Lockheed Martin worth $15.5 billion in total.The first and by far biggest gift arrived Dec. 20, when the Pentagon's daily digest of contract awards showed Lockheed winning orders for 145 F-35 fighter jets worth $11.8 billion. Reported as a contract from the U.S. Navy, this order actually involves deliveries of F-35s for the U.S. Navy, Marine Corps, and Air Force, as well as for U.S. allies Italy and Japan, like so: The Department of Defense noted that all planes ordered under this contract are due for delivery by June 2027, so the $11.8 billion covered by this contract will be paid out over the next two and a half years. That's about $4.7 billion per year in additional revenue for Lockheed. But that's not all Lockheed is getting.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool