Lockheed Martin
Makes airplanes, satellites and spacecraft, mostly for governments.
📖 Its story
In 1912, two brothers, Allan and Malcolm Loughead, started building airplanes in California, and that same year Glenn Martin opened his own airplane factory. For many years they were separate companies. In 1995 they joined together and formed Lockheed Martin.
💵 How it makes money
Governments, especially the United States, buy airplanes, defense systems and space equipment from it.
🤯 Fun fact
Lockheed Martin builds the Orion spacecraft, which NASA uses in its Artemis program to go back to the Moon.
👍 The good part
It has very long contracts with governments, which gives it work for many years.
⚠️ The risk
It depends a lot on what the U.S. government decides to spend on defense.
🧠 Did you get it?
What spacecraft does Lockheed Martin build for NASA?
🗂️ Quick facts
- Founded in: 1912
- Founded by: Allan and Malcolm Loughead; Glenn L. Martin
- Home: Bethesda, Maryland, USA
🔎 How to find it on the stock market
- Search the internet for LMT stock.
- You can also find it in your parents' investing app with the letters LMT.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Lockheed Martin. Ask your mom or dad to join the list.
Join the list