Lockheed Martin: Steady Dividend Increases And Share Buybacks Will Drive Stock Price

1/10/19

Lockheed Martin (LMT), the largest manufacturer of military defense systems and other non-defense government systems, is a buy for the total return growth and the income investor. Lockheed Martin has steady growth and has plenty of cash, which it uses to expand its product line and buy back shares. I received a lot of comments from a previous article on Raytheon (RTN) that mentioned LMT, so I decided to take a look and found another great military defense company. The company is being reviewed using The Good Business Portfolio guidelines, my IRA portfolio of good business companies that are balanced among all styles of investing.

The graphic below shows the future of supersonic aviation. NASA awarded the contract to build a quiet, supersonic aircraft, now known as X-59 QueSST.

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