13 Stocks With Low Beta That Can Beat Market Volatility

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7. Lockheed Martin Corporation (NYSE:LMT)

Beta Value: 0.26

Number of Hedge Fund Holders: 73 

Lockheed Martin Corporation (NYSE:LMT) ranks among the stocks with low beta that can beat market volatility. On September 24, Lockheed Martin Corporation (NYSE:LMT) received various contracts worth around $81 million to operate on the Aegis combat and missile defense systems. For one, the US Department of War issued Lockheed Martin Rotary and Mission Systems a $22.7 million cost-plus-incentive-fee adjustment to a previous contract for in-service AEGIS maintenance, deploying, and product documentation.

The company was also awarded a separate $44.1 million sole-source contract adjustment for the Aegis Ballistic Missile Defense Weapon Systems. This amendment continues the incorporation of Integrated Air and Missile Defense technologies into the Aegis BMD Weapon Systems design and extends existing contract line items for a maximum of four months.

Expected to be completed by Late 2025 to mid-2026, these contracts are primarily funded by Navy operations and maintenance funds for fiscal 2025 as well as expenditures for research, development, testing, and evaluation.

Lockheed Martin Corporation (NYSE:LMT), created by the 1995 merger of Lockheed Corporation and Martin Marietta, is a global leader in aerospace, defense, weaponry, information security, and technology.

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