Will Lockheed Martin Keep Soaring Higher? 🚀

In truth, the most promising aspect of... [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Will Lockheed Martin Keep Soaring Higher? 🚀 Jason Simpkins | Jul 25, 2024 Dear Reader, The U.S. defense budget is rapidly approaching the $1 trillion market with no signs of slowing down. Global defense spending is on the same trajectory, provoked by marked aggression from Russia, China, North Korea, and Iran. Donald Trump has repeatedly and explicitly pledged to abandon America’s allies if he’s elected, which would force them to expand their defense budgets even further. And as the world’s largest defense contractor, [Lockheed Martin]( is perfectly positioned to profit from this chaos and defense budget pumping. But in truth, the most promising aspect of Lockheed Martin’s business is its Space segment. Lockheed Martin’s space unit led the company in growth last year with a 9% increase in sales. That trend continued in the first quarter of 2024, when the Space segment posted $3.3 billion in sales and a 16% increase in profit ($45 million). It details a company that doesn’t just manufacture satellites — it launches them, too. And at a fraction of the cost of traditional providers. It’s a tremendous growth opportunity that no investor should miss out on.  [Read the full article here.]( [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).