5 Best Manufacturing Stocks to Invest In

3. Lockheed Martin Corporation (NYSE:LMT)

Number of Hedge Fund Holders: 51

Lockheed Martin Corporation (NYSE:LMT) operates as a security and aerospace company that actively engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

On November 5th, Lockheed Martin Corporation (NYSE:LMT) was awarded a $10.86 billion contract for Advanced Raptor Enhancement & Sustainment (ARES), for the F-22 Program Office.

By the end of the third quarter of 2021, Israel Englander of Millennium Management owned more than 561,000 shares of the company, which are worth $193.77 million.