A Financial Analysis of Lockheed Martin Corporation
Colby Scott
LeTourneau University

A Financial Analysis of Lockheed Martin corporation The world of finance in today’s market is one of numerous ups and downs. With the global economy in constant flux, it is more important than every for companies to examine their financial status and compare their position to that of the relative market as well as their fellow competitors. In order to better understand the ways in which today’s managers examine their position on the market and evaluate their current value as a company we will examine the financial data of Lockheed Martin Corporation and perform a detailed financial analysis on the company. In this …show more content…

We also manage or occupy various government-owned facilities under leases and various other arrangements. The U.S. Government also furnishes equipment that we use in some of our businesses. We operate in four principal business segments: Aeronautics, Electronic Systems, IS&GS, and Space Systems. Lockheed organizes their business segments based on the nature of the products and services offered. The following table presents net sales and operating profit of their four business segments. Net sales exclude intersegment revenue, as these activities are eliminated in consolidation. Intercompany transactions are generally negotiated and accounted for under terms and conditions similar to other government and commercial contracts. Operating profit of the business segments includes the equity earnings or losses from investees in which certain of their business segments hold equity interests, because the activities of the investees are closely aligned with the operations of those segments.
|In Millions |2011 |2010 |2009 |
|Net Sales | | | |
|Aeronautics |13,235 |12,201 |11,473 |
|Electronic