Lockheed Martin Is Going to Europe for More Growth - Barron's
1. Lockheed Martin emphasizes expanding production and supply chains in Europe. 2. European defense spending growth can significantly benefit Lockheed's sales. 3. International sales grew nearly 5% yearly, European sales rose 11%. 4. Lockheed exports about $20 billion in military equipment each year. 5. Current valuation is lower compared to S&P 500's earnings multiples.