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Lockheed Martin: Module 8. Devin Sheehan. Lockheed Martin Background. Aeronautics (31.69% of Sales) F-22 Raptor, C-130 Hercules, U-2 Spy Plane Information Systems and Global Solutions (18.75% of Sales) Cyber Security and Battlefield Intel Missiles and Fire Control (15.80% of Sales)
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Lockheed Martin: Module 8 Devin Sheehan
Lockheed Martin Background • Aeronautics (31.69%of Sales) • F-22 Raptor, C-130 Hercules, U-2 Spy Plane • Information Systems and Global Solutions (18.75%of Sales) • Cyber Security and Battlefield Intel • Missiles and Fire Control (15.80%of Sales) • HellFire Missile and Javelin Missile • Mission Systems and Training (16.06%of Sales) • Integrated Warfare Systems & Sensors (IWSS) • Space (17.69%of Sales) • commercial and military satellites, space probes, missile defense systems
Agr Two Components • [EPATt+1 + rEnt ∙ FCFt] • cum-free-cash-flow earnings next year to… • expected amount of earnings given this period’s earnings • [(1 + rEnt) ∙ EPATt] • the notion that normally earnings would be expected to grow at the required rate of return
Conclusion • Peg Ratio • All Models: $56.7B • Market Cap: $52.1B • Not adjusted for Debt