10:15 AM EST, 01/30/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target by $144 to $670, or 21.0x our 2027 EPS estimate, above LMT's three-year avg. forward P/E of 17.6x but below the peer avg. of 29.1x. We raise our 2026 EPS by $0.88 to $30.08 and start 2027 at $31.92. LMT delivered solid FY 25 results with 6% sales growth and record backlog of $194 billion, reflecting robust demand for defense systems. The company's FY 26 outlook projects approximately 5% sales growth and over 25% segment operating profit growth, driven by production ramps across key programs, particularly at Missiles and Fire Control (MFC). LMT's core franchises (F-35, strategic missiles, and integrated air defense) remain aligned with U.S. and allied defense priorities. The F-35 program delivered a record 191 aircraft in 2025, with sustained production rates and $15 billion in Q4 awards reinforcing program stability. Management's $1 billion strategic investment in F-35 sustainment addresses mission-capable rate concerns and strengthens long-term customer relationships.