Lockheed Martin: Can It Recover?

Lockheed Martin, a defense industry titan, is facing turbulence! Despite its reputation for producing iconic fighter jets, the company's stock has plummeted nearly 20% in the last year. A disappointing second quarter revealed shrinking backlogs, a massive earnings drop, and negative cash flow. Can Lockheed Martin overcome budget shifts, rising costs, and mixed analyst sentiment to regain its altitude? Tune in to find out! Hosted on Acast. See acast.com/privacy for more information.