Article thesis:
Lockheed Martin (LMT) is poised to remain on a growth track, which, combined with strong shareholder returns, makes shares of the company an attractive long-term investment.
Lockheed Martin is a prime investment in the defense sector, which is poised to benefit from tailwinds such as US defense budget expansion and tensions in several places around the globe.
Growth tailwinds for Lockheed Martin and other defense companies
Lockheed Martin has not shown high revenue growth rates over most of the last decade: