13 Best Aerospace and Defense Stocks to Invest in Now

2. Lockheed Martin Corporation (NYSE:LMT)

Analyst Upside Potential: 12.35%

Number of Hedge Fund Holders: 68

Lockheed Martin Corporation (NYSE:LMT) is one of the 13 Best Aerospace and Defense Stocks to Invest in Now. On June 24, Lockheed Martin Corporation (NYSE:LMT) announced the successful execution of Flight Test Other-26a, in collaboration with the US Missile Defense Agency.

The test demonstrated the capabilities of Lockheed Martin Corporation (NYSE:LMT)’s Long Range Discrimination Radar, which successfully detected, tracked, and discriminated against a live ballistic missile threat in a complex environment over the north Pacific Ocean. The LRDR tracked an air-launched ballistic missile target equipped with countermeasures, showcasing its ability to distinguish real threats from decoys and background clutter.

This test marked several firsts including LRDR’s effective detection, tracking, and discrimination in a complex environment, and C2BMC’s successful use of LRDR flight test data to support a simulated missile defense engagement.

Lockheed Martin Corporation (NYSE:LMT) is an international aerospace and defense company that develops and manufactures advanced technology systems and products. It operates in four main areas including military aircraft, missile and air defense systems, helicopters and naval systems, and space technologies.