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Lockheed Martin Corporation Common Stock (NYSE:LMT)

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Lockheed Martin Corp., the largest defense contractor in the world, serves in defense, space, intelligence, homeland security and information technology including cyber security to the U.S. Government, international customers and U.S. commercial & other customers. It has 4 businesses: Aeronautics, Missiles & Fire Control (MFC), Rotary & Missions Systems (RMS) and Space Systems. Its Aeronautics is engaged in the design, research and development, systems integration, production and support of advanced military aircraft and related technologies, including programs like F-35 Lightning II Joint Strike Fighter; C-130 Hercules; F-16 Fighting Falcon; F-22 Raptor; and C-5M Super Galaxy. Its MFC includes the Terminal High Altitude Area Defense System, Joint Light Tactical Vehicle, PAC-3 Missiles, logistics, etc.'Its RMS includes the Aegis Combat System, Littoral Combat Ship, MH-60 helicopter avionics, and military & commercial orders. Its Space Systems is engaged in commercial and military space systems....

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MIT financial economist Simon Johnson rethinks capitalism with better key market incentives.

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