10 Best Long Term Stocks to Buy According to Hedge Funds

7. Lockheed Martin Corporation (NYSE:LMT)

Number of Hedge Fund Holders: 83

Lockheed Martin Corporation (NYSE:LMT) is one of the best long term stocks to buy according to hedge funds. On June 3, Lockheed Martin successfully intercepted a Group 3 drone using its JAGM missile fired from a GRIZZLY containerized launcher, managed by the Sanctum C-UAS system. The entire end-to-end integration, from hardware-in-the-loop to live-fire testing, was completed in under 45 days. This demonstration proves the system’s ability to rapidly detect, track, and neutralize drone threats in an evolving combat environment.

The GRIZZLY launcher is designed for agility and affordability, featuring a containerized, low-infrastructure footprint that can be deployed on both land and maritime platforms. Using wireless communication between sensors and the battle manager, the system enables modular, distributed operations. This setup allows for rapid deployment while providing a scalable kill web against a wide range of UAV threats.

This achievement highlights Lockheed Martin Corporation’s (NYSE:LMT) focus on delivering cost-effective, layered defense capabilities that can be quickly scaled for the warfighter. By combining proven weapon systems with advanced sensor and mission management software, the company offers a flexible solution to protect critical assets. The modular nature of the technology ensures it can operate as a standalone system or integrate with existing command and control networks.

Lockheed Martin Corporation (NYSE:LMT) was founded in 1995 through the merger of Lockheed Corporation and Martin Marietta (tracing its earliest aviation roots to 1912) and is headquartered in Bethesda, Maryland. It is an aerospace, defense, and advanced technology company.