LMT Stock Today: January 11 — Record F-35 Deliveries, $24B Lots Lift Outlook
LMT stock is in focus after Lockheed Martin (LMT) reported a record 191 F-35 deliveries for 2025 and sealed a $24 billion Lot 18–19 agreement for up to 296 jets. The deal, plus reports of TR-3 software deployment and active combat use, points to stronger program maturity and defense backlog growth. For Indian investors using global platforms, this supports a durable US defense exposure. Shares last traded at $511.57, down 1.33% on the day, with Q4 results due 29 January 2026.
Record Production and New Orders
Lockheed confirmed 191 F-35 deliveries in 2025 and finalized Lot 18–19 for up to 296 aircraft worth $24 billion, extending revenue visibility across Aeronautics. The update cited operational use and maturing sustainment. This strengthens confidence in unit throughput and aftermarket economics, a key driver for LMT stock resilience. Source: company release F-35 Breaks Delivery Record.
Reports indicate Italy and Denmark expanded orders as allies prioritize fifth‑generation fleets. Coverage also highlights how F-35 output outpaces European and Russian fighters, underscoring scale benefits that can support margins and parts commonality. This international pull-through reinforces the F-35 deliveries record narrative and supports long-run backlog quality. Reference: EurAsian Times.
Revenue Drivers and Backlog Implications
Block buys like Lot 18–19 typically reduce unit costs, stabilize supplier schedules, and improve cash predictability. With allied orders layered on, investors can expect defense backlog growth tied to funded multi-year programs. For LMT stock, that means clearer revenue run-rate in Aeronautics and a steadier base for services, training, and sustainment across global operators.
TR-3 software deployment expands computing capacity and paves the way for future capability drops. This creates recurring upgrade and retrofit work as fleets standardize. A broader installed base plus upgrades can amplify high-margin sustainment over time, further supporting earnings durability. For long-term holders, software-driven stickiness is a constructive read-through for cash flows.
Price, Technicals, and Valuation Today
LMT stock closed at $511.57, down 1.33% for the day, within a 52-week range of $410.11 to $546.07. It trades above the 50-day ($473.59) and 200-day ($467.26) averages. RSI sits at 75.35, indicating overbought conditions. Price is near the Bollinger upper band of 511.07, while MACD remains positive, signaling strong but stretched momentum.
Shares trade at a 30.3x P/E with a 2.46% dividend yield and about a 74% payout ratio. Analysts show 3 Buys and 11 Holds, with a consensus Hold. Price targets: median $543, consensus $533.27, high $630, low $460. Earnings are scheduled for 29 Jan 2026 at 13:30 UTC, a key catalyst for revisions.
India Investor Lens and Key Dates
Indian investors can access LMT stock via international brokers under RBI’s LRS or through global mutual funds and ETFs. Investments settle in USD, so INR-USD moves matter. Key risks include US budget shifts, TR-3 fielding pace, supply chain tightness, and valuation sensitivity if growth underdelivers.
Focus on 2026 guidance, F-35 delivery cadence, TR-3 fleet rollout, and book‑to‑bill trends that confirm defense backlog growth. Upcoming earnings on 29 January 2026 (13:30 UTC) will update cash flow and buyback plans. Monitor international order timing and sustainment margins for signals on medium-term free cash flow.
Final Thoughts
For Indian investors, the record F-35 output, a $24 billion Lot 18–19 agreement, and active combat validation improve visibility for Aeronautics and sustainment. LMT stock pairs that backdrop with a 2.46% dividend yield, but trades at a premium multiple and shows overbought technicals. A balanced plan is to watch Q4 results on 29 January for delivery guidance, TR-3 deployment progress, and book‑to‑bill. If management tightens schedules and reaffirms cash conversion, medium-term targets near the $533–$543 consensus band look reasonable. Position sizing should account for USD exposure, budget cycles, and defense timing risk. This is information, not advice.
FAQs
Is LMT stock a buy after record F-35 deliveries?
The production beat and Lot 18–19 deal support multi-year volume, services pull-through, and defense backlog growth. That is positive for cash visibility. However, shares trade at about 30x earnings with overbought technicals. Many analysts rate it Hold. Waiting for earnings on 29 January to assess guidance may improve entry discipline.
How do Lots 18–19 affect revenue visibility?
These lots cover up to 296 F-35s worth about $24 billion, supporting predictable Aeronautics revenue and supplier stability. Larger blocks often reduce unit costs and improve scheduling. Added international orders can extend the run-rate and bolster sustainment demand, lifting long-term cash flows tied to upgrades, training, and parts.
What risks should Indian investors consider with LMT stock?
Key risks include US budget outcomes, timing of TR-3 fielding, supplier bottlenecks, and potential cost inflation. Valuation is elevated versus history, so sentiment can swing on guidance. INR-USD moves also affect returns for India-based investors using LRS or international funds, given all cash flows settle in USD.
How can investors in India buy LMT stock?
Investors can use international brokers under RBI’s Liberalised Remittance Scheme, which permits up to USD 250,000 per financial year, or consider global mutual funds and ETFs that hold defense names. Review brokerage fees, forex spreads, and tax rules before investing, as these can materially impact net returns.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
