Lockheed Martin Wins Big Contracts This Week

Lockheed Martin (NYSE:LMT) recently signed a $2 billion contact to provide support to researchers in Antarctica.  The contract calls for Lockheed to provide logistics services for scientists doing research in the remote area.

Also, on Tuesday Lockheed Martin won a $485,000,000 modification to a previously awarded contract to modify the F-35 Lightning II Joint Strike Fighter for the Air Force, Navy, and other Cooperative Partner participants.

Two large institutional investors that own the stock include:

AQR Capital: On 09/30/2011, AQR Capital reported holding 420,564 shares with a market value of $30,549,769.

World Asset Management: On 9/30/2011, World Asset Management reported holding 46,809 shares with a market value of $3,400,206.

Lockheed Marting Competitors include: The Boeing Company (NYSE:BA), General Dynamics Corp. (NYSE:GD), L-3 Communications Hldgs., Inc. (NYSE:LLL), Northrop Grumman (NYSE:NOC), Raytheon Company (NYSE:RTN), and Alliant Techsystems (NYSE:ATK).